Daily Archives: September 30, 2008

So, can I get my mortgage renegotiated?

I’ve paid my bills on time.

Can I get my principle amount and interest rate reduced?

How about suing the former heads of Fannie Mae and Freddie Mac for making it more difficult for a good credit risk like me to get a loan for a bigger house?

I wouldn’t sue for too much, just enough to pay completely for that newer, bigger house with all the upgrades and some new furniture and Viking or Wolf appliances in that neighborhood I like a few miles away and to cover any losses on my current home and mortgage. I’d include the new paint and carpet in the old house, and a natural gas powered generator and a nice heated pool for the new house. Upgrade all the electronics too. All in all it should be less than $750K.

Heck, we could even get that second car included in that amount.

mm-5