> And to homeowners
> who have been making payments on their homes but are still finding their
> property values so depressed that it becomes very difficult for them to make
> the mortgage payments
I may be spectacularly stupid (no comments on that, please), but how does this statement make any kind of sense? What does the depreciation of a home's value have to do with its owner's ability to continue mortgage payments? (I assume that the home hasn't physically depreciated to such a degree that the owners has to pay for other housing since that isn't what O. said.) Obviously, I'm missing something crucial here; what is it?
-- "Hige sceal þe heardra, heorte þe cenre, mod sceal þe mare, þe ure mægen lytlað."