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Loan Modification

: Loan Modification & Home Loan News

Biggest Defaulters on Mortgages Are the Rich

By Moe Bedard

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LOS ALTOS, Calif. ? No need for tears, but the well-off are losing their master suites and saying goodbye to their wine cellars. The housing bust that began among the working class in remote subdivisions and quickly progressed to the suburban middle class is striking the upper class in privileged enclaves like this one in [...]

Full post as published by Loan Modification & Home Loan News on July 09, 2010 (boomark / email).

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