Slight shifts in the property value of a home can cause a complete failure of the promise to pay the debt on a mortgage, simply because the benefits of paying are no longer the same. If you owe more on the mortgage than your property is worth, an oft-chosen solution is to just walk away from it, especially if it was easy to get into, with no down, with little credit, and nothing but a bad credit report to lose.
Debt Is Not An Asset
There is a new deadline for U.S. importers to file for electronic refunds if the Supreme...
In the bowels of the US Federal Reserve this summer, two of the world’s most powerful...
Bank of America CEO Brian Moynihan says the headlines about Gen Z’s fears about AI and...
