NYTimes: Pressure Grows on Fannie and Freddie to Reduce Principal on Some Loans

From The New York Times:

Pressure Grows on Fannie and Freddie to Reduce Principal on Some Loans

Proponents of debt forgiveness note that roughly one out of five Americans owes more on a home than it is worth, and that negative equity totals almost $700 billion.

http://nyti.ms/yyNMoe