Living After Foreclosure

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Entries from October 2009

Strategic default? Banks are on to you

October 27th, 2009 · No Comments

Few states have been hit harder by the foreclosure mess than Florida.  Properties in some areas are worth half of what they were at their peak.  A sizable number of underwater borrowers — those owing more than their homes are currently worth — have simply stopped making payments on their mortgages, using the extra money […]

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