No Help in Sight, More Homeowners Walk Away
Posted on February 3rd, 2010 by MoverMike
I wrote about “Jingle Mail” two years ago. The phenomenon had just begun, now the NY Times says that the number of folks with their home’s value below 75 percent of the amount owed on the mortgage has skyrocketed to 5.1 Million or about 10% of mortgages outstanding.
We’re now at the point of maximum vulnerability!
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