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Loan Modification

: Mortgage Lender Implode-o-Meter

More homeowners choose to default on loans

By Implode-Explode Heavy Industries

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" "Strategic defaults" are on the rise as more borrowers who are underwater on their home loans decide it's not worth it to stay current on their payments each month. That trend could have repercussions for the housing market, and for borrowers, in the future."

Full post as published by Mortgage Lender Implode-o-Meter on May 17, 2010 (boomark / email).

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