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Loan Modification

: Loan Modification & Home Loan News

More homeowners looking to walk away from home loans

By Moe Bedard

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More Phoenix-area homeowners are walking away from their mortgage payments, and many more are likely considering it. These are not people losing homes due to severe financial problems. “Walking away” now also describes people who can make their payments but don’t want to because they owe much more than their home is worth.   Metro Phoenix’s 50 percent drop [...]

Full post as published by Loan Modification & Home Loan News on March 17, 2010 (boomark / email).

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