Thanks for the response Wooo That's some comforting info...I was expecting some loose skin. (I have lost weight before, but not as much as I will be losing now.) They're cracking down on those quack diet progams and ads now, so hopefully people won't get mislead as much.
I just found a past post about this , so sorry about the repeat.

That the areas of my body where I have stretch marks, my skin is starting to look sort of baggy. The rest of me seems to be 'snapping back' ok. I don't know what will happen as I get closer to goal, but I am by no means losing quickly, so I will just have to wait and see. I would definitely have surgery if I am left with a whole lot of hanging skin. I have seen folks on TV who have had that, so it is possible.