Voltron's economics blog. Started in Iraq in 2007 as the "Gamblers Anonymous Support Group" email list.
Saturday, September 19, 2009
Strategic Default Data Suggests Foreclosure Prevention Tactics Useless
An interesting report in the Los Angeles Times shows that a person with super-prime credit scores is more likely to walk away from an underwater mortgage than a person with a subprime credit rating.
I don't think that the foreclosure strategies i useless...Through proper analysis it can be perk up the overall structure.
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