A couple thoughts: a lot of us are underwater. I keep payin’ my mortgage, too. I would HATE to see Obama do this....it will essentially put my house under the ownership of the federal government.
I will be OBLIGATED to them (since they “forgave” my debt) to OBEY their every dictate—and trust me, once this happens, they will make it clear: they OWN you.
Also, if you’re in dire straits, then TALK TO YOUR BANKER...or someone. Get the problem fixed in the private sector, don’t wait for the gubmint to bail you out.
God bless.
I doubt they will forgive.
Obama will have a claw back for the “forgiven” principle when the house is sold or inherited.
IOW a private property grab.