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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (35413)9/20/2009 2:49:38 AM
From: Spekulatius  Read Replies (2) of 78750
 
OT- Interesting article in the LA times:

Homeowners who 'strategically default' on loans a growing problem
A study shows that people who abruptly and intentionally abandon their mortgages often have high credit scores, in stark contrast with most financially distressed borrowers.

latimes.com

Something I suspect would happen in a large scale for quite some time. I know a few "prime" homeowners who let go of their homes and their mortgages.
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