So... mortgage holders are just going to say "oh, you're on furlough... ok, we'll hold your payment schedule and just rewrite the terms once you have pay again.

So... mortgage holders are just going to say "oh, you're on furlough... ok, we'll hold your payment schedule and just rewrite the terms once you have pay again." WTF is the disconnect here? Defaults are going to spike and I can't imagine that any significant percentage of them would be forgiven. And I haven't seen a grocery store run 'personal credit' since maybe before the 50s at best? Pre-Depression? Somebody is breathing that Washington nitrous oxide again.