Posts tagged as:

walk away

Strategic Mortgage Defaults on the Rise

September 25, 2009

Strategic default—walking away from your home and mortgage—is getting more common. The interesting part is who is doing it: according to a recent study, people with good credit. For such consumers, strategic default may be the best of a range of bad options.
The same study found that 588,000 people walked away from their mortgages in [...]

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New York Times: Walking Away From Your Mortgage, Not So Bad After All

April 2, 2009

New York Times: Walking Away From Your Mortgage, Not So Bad After All | Consumerist

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Millionaire Claims Ghosts Caused Him to Flee His Mortgage, I Mean Mansion

September 26, 2008

Millionaire Claims Ghosts Caused Him to Flee His Mortgage, I Mean Mansion | Lowering the Bar

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