Our hope and plan was that, because of the National Mortgage Settlement, it would be apparent that principal reduction works and would be employed beyond the Settlement. Indeed, our vision was that the Settlement would be a catalyst for the use of principal reduction in other loan modifications. That is starting to occur.
Monday Morning Cup of Coffee: Flippers are back with cash in hand The Duchess of cambridge remains bed-bound today due to acute morning sickness and Kate will have been very distressed to be too unwell to be with her son today. william held his son’s hand tightly.