Friday, August 8, 2014

Debt Default: Strategic default is merely collecting on home price protection insurance sold by lenders

Do loan owners really want to spend a decade or more under water? It will be difficult to send their children off to college when they make too much for their kids to get aid, but they haven’t saved anything because they are paying on a bloated mortgage. At some point, they may decide they ...
Strategic default is merely collecting on home price protection insurance sold by lenders




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