1/5th of all foreclosures are strategic.

http://www.msnbc.msn.com/id/33295860/ns/business-the_big_money

No shame?
*
“…walking away from mortgages they could pay but decided not to because they owed more than their houses were worth.”*

There should be shame at piling your debt obligations on someone else.

Walking away is not the same as formal bankruptcy.

Are you Obama bashing again? :smiley:

Moi? :shock:

I prefer to bash his policies not the man.