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.
July 7th, 2009. Filed under: Real Estate News.A very interesting article!
http://www.marketwatch.com/story/why-those-who-can-pay-walk-away-from-mortgages?siteid=rss
