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Loan Modification

: Loan Modification & Home Loan News

More homeowners walking away from underwater mortgages

By Moe Bedard

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?People like me are beginning to feel like suckers,? Mr. Koellmann said. ?Why not let it go in default and rent a better place for less?? After three years of plunging real estate values, after the bailouts of the bankers and the revival of their million-dollar bonuses, after the Obama administration?s loan modification plan raised the expectations [...]

Full post as published by Loan Modification & Home Loan News on February 04, 2010 (boomark / email).

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