Not Just Borrowers Walking Away Anymore

March 30, 2009 by admin · Leave a Comment
Filed under: Mortgage articles 

walk

Since the mortgage crisis got underway, the idea of walking away from your mortgage has been fairly commonplace.

But now banks and lenders are doing the same, putting burden back into the hands of those previously foreclosed on, according to a NY Times report.

One case, in South Bend, Indiana, tells of a woman who had her rental property foreclosed on, subsequently vandalized and looted, and eventually Read more