New research found that more than 25% of mortgage loan defaults are strategic — that is, a quarter of homeowners who default on their mortgages are walking away from their homes even if they can afford to make their payments.
Tuesday, July 7th, 2009A very interesting article!
http://www.marketwatch.com/story/why-those-who-can-pay-walk-away-from-mortgages?siteid=rss
