Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to Financial News

The Way We Live Now - Walk Away From Your Mortgage! [NYT]

Tuesday, January 12, 2010 - 1:33 PM
NY Times article reviews the morality of walking away from your mortgage:
the housing collapse left 10.7 million families owing more than their homes are worth. So some of them are making a calculated decision to hang onto their money and let their homes go. Is this irresponsible?
1
Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,713
Reply