My QQQs and SPYs were able to  execute and capitalize with buy limits at a 2% price reduction then MFs. 

But reduction of debt (unless I sell my house or the rental) doesn’t seem to cut it in my scenario - even if I pay off the car, adding a third mortgage payment still has me well over the 45% required debt to income ratio.

A side benefit would be the reduction of the lower-pay labor pool, which would raise low-end wages without laws.4.

Borrowers who are furloughed/unemployed/reduced hours due to covid is a challenge to fit into the Fannie Freddie loan product as workers who have a reduction in income or loss of job are seen as higher risk or repaying the loan.

Then through reduction of interest rates ( refinancing added a lot of money to economy)- this will fade.3) government imposed a measure to avoid foreclosures and evictions.

If we take out $500 for principal reduction that’s $1,500/mo or $18,000/yr I am paying for this “great” investment w/o including maintenance, upgrades, any home projects.

@Miriam De HaroThis situation sucks and $1250 is a hard pill to swallow, however I do not see eye to eye with you on how to resolve this.

Because of modern water management and reduction of agricultural use Phoenix uses the same amount of water today as it did in the 1950s when the population was 1/10 of what it is today.I’d be more concerned about the heat.

How should I go about asking for a reduction in his fee % on next 8....and so forth?

The people that look at it after the reduction are a different group so there's not really a "days on market" stigma attached.