Reminds me of a mod signing I did shortly after the meltdown, in 2008 or 2009, for a hardworking, shop supervisor type. He did all the stuff people always say to do, lived simply, saved his $$, etc. They had sold their home in the "Inland Empire" (can't remember if it was Riverside or San Bernardino - very hard hit area), took $200K in equity and plopped it down on a nicer home in So OC. After the crash, he felt like he might as well have flushed that money down the toilet.
The mod signing took maybe 15 minutes, but it took another 15 minutes standing by my car for this guy to finish venting, verbally spilling his guts about how many years it took him to work up to that, about the 4th generation that was about to be living under his roof, etc., etc. I felt so bad for this guy. He was practically in tears, but never wanted to let it show in front of his family. I hope they were able to stay in that home because by now, it's surely regained its value and then some. For me, this guy was the face of the "meltdown"... but he was probably one of the lucky ones, since he was able to get a modification.
A couple in their 80's though? Heartbreaking doesn't seem to even cover it... so sad!
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