[quote author="No_Such_Reality" date=1234960041]" Ms. Hill Scott, a middle-school teacher who went into default after her monthly payments on her adjustable-rate mortgage reset. She now owes $3,300 a month, up from the $1,600 she was paying a year ago. She says she hasn't made a mortgage payment since January 2008 "
16 months with no rent and no mortgage. Mmmm Mmmm good!</blockquote>
Thats a net savings of, what - $50K? AWESOME!