Posts Tagged ‘mortgage default’
More on Walking Away From Your Mortgage
Sunday, January 17, 2010 20:23 7 CommentsI published my article, “It May Be Financially Irresponsible to Pay Your Mortgage” on January 11th. The point is made that the mortgage is a business decision and a business contract is signed. The bank agreed upon the collateral (the house) and made the risk based on its own assessment of the collateral value. The [...]
Hate Mails From the Financially Illiterate
Monday, January 11, 2010 20:55 16 CommentsMy latest article on LewRockwell.com – It May Be Financially Irresponsible to Pay Your Mortgage – has brought forth more vicious, insane, and hyper-emotional email than I have had in years. People missed major points in my article (such as about mortgage promissory notes), took the piece personally, showed me their level of total financial [...]



