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Loan Modification

: Loan Modification & Home Loan News

Fed-up homeowners who can afford their mortgage decide to walk away

By Moe Bedard

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LOS ANGELES ? Wynn Bloch has always dutifully paid her bills and socked away money for retirement. But in December she defaulted on the mortgage on her Palm Desert, Calif., home, even though she could afford the payments. Bloch paid $385,000 for the two-bedroom in 2006 when prices were still surging. Comparable homes are now selling [...]

Full post as published by Loan Modification & Home Loan News on March 30, 2010 (boomark / email).

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