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It's Mainly Rich Folks Who Are Walking Away from Their Mortgages
Jul 9th 2010 – 9:13AM
(July 9) -- Today's New York Times challenges the conventional wisdom with an article on the types of Americans who are walking away from their mortgages: It's mainly the rich, not the poor. "Whether it is their residence, a second home or a house bought as an investment, the rich have stopped paying the mortgage at a...
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