Bank won't refinance my interest-only loan coming due this year!Because a recent appraisal came in soooo low due to 'short-sale' comps in the immediate area! They send a letter to tell me this. Besides a 'ding' in my credit, what prevents me from defaulting on my mortgage payments until the BANK tries to contact me and negotiate a truce. The home had only depreciated to $35K below what I owe them ($200K). February 10 2010 - Mi Wuk Village0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.