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April 25, 2010

2

Homeowners – ‘Strategic Defaulters’ Skip Mortgage Payments

by Bob Schwartz

As part of his continuing series of reports making sense of economic news, Paul Solman tells the story of some homeowners who have stopped paying their mortgages even though they can still afford them.

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2 Comments
  1. Bay Area lawyers
    Apr 27 2010

    And it makes sense everything that they’re saying. Bartlett in the video I believe is right in what he is doing. Why pay 500% of what your home actually is worth?

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