Posts tagged walk away

“Two years ago when the first waves of defaulting mortgages started occurring I saw a lot of ‘moral hazard’ references in comment sections. The less …

Brent T. White, author of  Underwater and Not Walking Away – Strategic Default has now published a paper based on the personal accounts of 356 strategic …

A million Americans who could afford to pay their mortgages on homes “underwater” walked away instead. It’s the “in thing” one tells Morley Safer in …

By DAVID STREITFELD Published: February 2, 2010 In 2006, Benjamin Koellmann bought a condominium in Miami Beach. By his calculation, it will be about the …