There is now a study out that says that over ¼ of homeowners who default have the ability to pay, they are just walking away because they are under water on their mortgages.
If this is true, we are no where near bottom.
There is now a study out that says that over ¼ of homeowners who default have the ability to pay, they are just walking away because they are under water on their mortgages.
If this is true, we are no where near bottom.