[rahbert]

many, like me, never refinanced. you have to have equity
to refi, and many buyers were underwater before their
stuff was unpacked.

it’s real easy to sling accusations around without getting
any facts...

[silverleaf]

then post your facts...

why are you upside down on your mortage to house value?
Did you buy in the last 3 years? Did you make a down payment? Did you get a 15 year or 30 year fixed rate loan with payments at 25% or less of your reliable monthly income?? How long did you expect to stay in your house when you bought it?

I have plenty of kleenex on hand

[been_lurking]

and many buyers were underwater before their stuff was unpacked.

Then these buyers bought way more house than they could afford to own.

They made the mistake.