Allow Homeowners to Reduce their Conventional non-Freddie/Fannie Mortgages through Principal Reduction.
This should pertain to under - water homeowners who bought homes between 2005 and 2008, and paid much more than their homes were worth in reality.
Homeowners should be able to reduce their loans from what they originally paid to what the current market value states, since that would be the true value.
We ask President Obama to make this a regulatory and lawful requirement for the banks to abide by !