mba
Strategic Default OK for Mortgage Banker’s Association, but not for you

Again we read the guilt trip that the mortgage industry places on distressed homeowners when dealing with their distressed mortgage. But it’s OK and even advisable for the corporations to walk away from their obligations. I’ve written about this before, but when the Mortgage Banker’s Association double deals, this is just too juicy to publicize.

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Posted on 11th February 2010No Comments