See the interview below from the folks over at Yahoo Tech Ticker. The researcher in the interview has anecdotal evidence that up to 25% of people foreclosing still have the ability to pay their mortgage but walk away anyway because the values of the home has dropped so much. He proposes a standardized solution to this problem as well. It is an interesting discussions at the very least.
Comments (0) Posted by G.R.A. Admin on Tuesday, July 21st, 2009
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