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Loan Modification

: Loan Modification & Home Loan News

Escaping mortgage debt in New Jersey?

By Moe Bedard

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“Not Paying the Mortgage, and Not Even Worrying.” That’s a recent headline describing the approach of some underwater homeowners to their mortgage problems. An increasing number of borrowers who can afford their monthly payments have been opting to “strategically default” on their mortgage debt because the mortgage far exceeds what the home is worth. A [...]

Full post as published by Loan Modification & Home Loan News on July 06, 2010 (boomark / email).

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