Now I'm underwater, my construction service business is off by 50% but still generating enough revenue to make my payments and eek by. I've heard that the banks will only help people (about 6% of all borrowers) who are 60 to 90 days late. Somehow I don't feel it's fair that folks who are struggling to be honest debtors and make their payments should be discriminated against for the ones who can't.

Where am I going wrong here? Should I start missing payments and compromise my 750 credit score? I can't get a refi because of my LTV and D/I ratio and because I own a small business and have only ever done stated income loans and I didn’t lie. Yet I’m classified as a liar’s loan.

It's all the predatory lending practices that got us into this mess in the first place. I think our leadership should step up and assume the position since it was Barney Frank and his boys in Congress, George Bush, good ole Fed Chief Alan Greenspan and all the other members of the good ole boys club that gave the green light to the lending industry including Fanny and Freddie that got us into the mess in the first place.

Don't you think it's unfair that only 6 out of every 100 homeowners will get the benefit of a LM and millions who are struggling yet performing will be swept under the rug unless they fall into the same category and don't you think this may start an avalanche of borrowers who just say “_____-it!” “If that's what it takes to get my interest rate, principle and monthly payment dropped….why not?”