Minggu, 07 Maret 2010

Obama Administration to Pay Homeowners to Complete Short Sales

The Obama Administrations Mortgage Modification Program (HAMP ) is unfortunately not reaching as many homeowners as originally projected.  And there's a growing national trend to "Walk Away" from underwater mortgages, with WSJ columnist Brent Arends recently exhorting certain "owners" to do so.  With 25% of homeowners estimated to owe more than their properties are worth, a high unemployment rate

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