I have not kept up with legislation in recent months so barring any changes, refinance should not matter.As for 1, I have a personal policy to never suggest that someone default on their loan.

Different places may have different policy and rules.

Of course that will be blamed on “the failed policies of the past eight years.†How long can he get away with using the Bush years as an excuse to increase spending?

There was nothing to show his policies wouldn't work because there was nothing to show at all - which is why it was marketed as Hope.

He also advocated not making additional contributions to company 401(k) plans, regardless of their matching policy.

Reformed monetary policy - we are screwed.

It seems we're choosing socialistic policies and will have govt involved in all facets.

It shouldn't be your problem.If enough of their clients can't find housing, they will have to change their policy (and be more landlord friendly) in order to provide the service to the people on the caseload.

I do believe that it is permitted for brokers to reduce borrower paid compensation, but this might vary from lender to lender based on their own policies. 

Jay thanks for sharing that, how long did it take you to save up the downpayment Our down payment for this one came from selling our Jeep and cashing in a whole term life insurance policy that had barely earned 1% in the last 10 yrs.