It's considered a given of home ownership that allowing your home to go into foreclosure is a last resort, something that you only do after you've exhausted all other options. However, according to new information from credit-scoring firm Fair Isaac Corp. (FICO), more homeowners are intentionally choosing foreclosure — or "strategic default" — and that those borrowers tend to be pretty savvy consumers.
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3 comments:
When Obama-boy stops the Interest write off on your Morgage
SEE YA
9:27
Reagan eliminated the interest write off on car loans and credit cards. It is the republicans that want to start eliminating the write off on home loans.
Check Ryan's plan, it calls for elimination of this break in exchange for lower taxs on the top rates.
1032-The Presidents bi-partisan debt council also called for the elimination of the housing credit. Personally, I'm for the elimination of it. If you actually look at it, it saves you very little on an annual basis. And for that minor blip, I'll gladly eliminate a subsidy. Same goes with the farm subsidies...eliminate em!
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