Walk Away

A Mortgage Isn't a Life Sentence

Dylan Ratigan | Posted 05.25.2011

Read More: Mortgage Walk Away, Walk Away, Mortgage Crisis, Dylan Ratigan, Walk Away From Mortgage, Business News
Dylan Ratigan

Yesterday I spoke to someone who walked away from his mortgage, his home, and his $120,000 down payment after wrestling with the bank for months. The discussion was powerful and also hopeful.

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Walking Away: My Story

Zannah P. Becker | Posted 05.25.2011

Read More: Mortgages, Chase, Mortgage Walk Away, Walk Away, Mortgage Crisis, Walk Away From Mortgage, Business News
Zannah P. Becker

To me the differences in walking away from a mortgage and paying off credit debt are quite clear.

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Most Mortgage Defaults Come From Rich And Wealthy With Million Dollar Loans

The New York Times | Posted 05.25.2011

Read More: Wealthy, Mortgage, Default, Expensive, Financial Crisis, Foreclosure Rate, Foreclosure, Rich, Second Homes, Walk Away, Real Estate, Underwater Mortgages, Business News

More than one in seven homeowners with loans in excess of a million dollars are seriously delinquent, according to data compiled for The New York Time...

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10 Percent Of Homeowners Will Hit Major 'Walk Away' Point By June 2010

New York Times | DAVID STREITFELD | Posted 05.25.2011

Read More: White House, Foreclosure Rates, Making Home Affordable, Anti-Foreclosure Programs, Walk Away, Obama, Homeowners, Real Estate, Housing Crisis, Underwater Mortgages, Mortgages, Credit, Predatory Lending, Wall Street, Foreclosure, Guild, Business News

After three years of plunging real estate values, after the bailouts of the bankers and the revival of their million-dollar bonuses, after the Obama a...

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Shahien Nasiripour

Don't Look Back: Major Players Continue To 'Walk Away' From Poor Mortgages

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Morgan Stanley, Foreclosures, Mortgages, Hamp, Making Home Affordable, Stuyvesant Town, Mortgage Walk Away, Financial Crisis, Walk-Away-From-Mortgage, Walk Away, Business News

As underwater homeowners around the country despair over whether to keep paying their mortgages or just walk away, investors in the largest residentia...

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Roger Lowenstein: The Case For Walking Away From Your Mortgage

New York Times Magazine | Roger Lowenstein | Posted 05.25.2011

Read More: Mortgage Default, Mortgage, Default, Foreclosure, Mortgage Walk Away, Walk Away, Business News

John Courson, president and C.E.O. of the Mortgage Bankers Association, recently told The Wall Street Journal that homeowners who default on their mor...

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