Talk of The Villages Florida - View Single Post - An Economic Question
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Old 12-02-2008, 10:20 AM
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Default There are those who will...as many already have....

stop making payments with no intent on leaving the home....knowing banks are refraining from foreclosing on mortgages that are upside down....and wait for a bail out....hand out...refinance to more affordable configuration.
The current "bail out" environment breeds creativity.

BTK