Oh, to be in real estate now: a real estate or mortgage broker. But not just in the business. To even be exposed to the market is hazardous to your financial health; mortgage applicants, sellers, developers, contractors, trades-people, suppliers, designers, interior decorators, the list goes on and on. What a nightmare. With sub-prime lenders going under by the day, and now this innovation: a lender trumpeting the down market and putting out there for all to see. In short they’re saying what everyone has been hoping for a long time — that lenders would rather modify your loan than let you pull out. Gutsy move. But will it pan out? Time and the market will tell.