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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgages: Walking Away

By Implode-Explode Heavy Industries

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"It's estimated that one million Americans walked away from homes "underwater" or worth less than their mortgages even though they could afford the payments. Morley Safer reports on this trend, called strategic default, that threatens the economic recovery." "
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Full post as published by Mortgage Lender Implode-o-Meter on May 11, 2010 (boomark / email).

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