As long as it comes out of the greed of the lenders pocket and not subsidized by the government and I agree with you 100%... Don't take down the principle because that is scheduled to be provided by the government. In other words you and me.
This entire bail out crap is insane... People that were/are irresponsible are being rewarded for their stupidity and I have to pay for it.
Where is the reward for the person that did it right???? I have a responsible mortgage and it is being paid on time. Why am I not being compensated for doing the right thing??? Why is there a penalty for getting it right?