The Rising Tide of Strategic Defaults in Non-Recourse States
I just came across a very interesting article that forecasts the number of homeowners underwater will rise from 14 million today, to 20 million by the end of 2011. It also points out a correlation between the rates of strategic default, a borrower’s credit score and the state of residence (recourse vs. non-recourse). Excerpt From [...]
Read more

09. Aug, 2010 

