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  • July 29, 2008 at 11:20 AM #13452
    Huckleberry
    Participant

    “In California and much of the rest of America, there is a powerful incentive for homeowners to walk away from their mortgage obligations.”

    http://news.bbc.co.uk/2/hi/business/7529277.stm

    July 29, 2008 at 11:45 AM #248679
    peterb
    Participant

    As soon as the debt relief act of 2008 passed, I thought that this would happen. If you’re upside down on your house and the govt is giving you a free pass for the year….hard to let this one go if it makes financial logic.

    July 29, 2008 at 11:45 AM #248837
    peterb
    Participant

    As soon as the debt relief act of 2008 passed, I thought that this would happen. If you’re upside down on your house and the govt is giving you a free pass for the year….hard to let this one go if it makes financial logic.

    July 29, 2008 at 11:45 AM #248845
    peterb
    Participant

    As soon as the debt relief act of 2008 passed, I thought that this would happen. If you’re upside down on your house and the govt is giving you a free pass for the year….hard to let this one go if it makes financial logic.

    July 29, 2008 at 11:45 AM #248902
    peterb
    Participant

    As soon as the debt relief act of 2008 passed, I thought that this would happen. If you’re upside down on your house and the govt is giving you a free pass for the year….hard to let this one go if it makes financial logic.

    July 29, 2008 at 11:45 AM #248911
    peterb
    Participant

    As soon as the debt relief act of 2008 passed, I thought that this would happen. If you’re upside down on your house and the govt is giving you a free pass for the year….hard to let this one go if it makes financial logic.

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