SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (30417)3/26/2008 12:55:29 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78673
 
>what is the likelihood of you walking away?

The real question is what are the CONSEQUENCES of walking away. Anyone know what loopholes exist?

Remember that prime mortgagees probably have other capital, savings, earnings, etc. So for them to walk away this should be riskless for their other assets and possibly future credit-ability.