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Loan Modification
: Loan Modification & Home Loan NewsWalking Away May Have Some Drawbacks
By Moe Bedard
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Hold it or fold it?
It’s one thing to throw back lousy cards in a poker game and quite another to walk away from a money-losing home that you can still afford.
Yet, more people are doing just that as they find themselves “underwater,” with mortgage debts that exceed the worth of their properties.
The government, financial industry, [...]Full post as published by Loan Modification & Home Loan News on February 15, 2010 (boomark / email).
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