Episode 80 - Why Walkaway Defaults are Growing

Episode 80 - Why Walkaway Defaults are Growing

31:472015-06-04

Jaksokuvaus

Why Walkaway Defaults are Growing The latest ABI podcast examines the growth in the 'walkaway' phenomena, as underwater home borrowers simply give up on paying their mortgage, even in so-called recourse states. Executive Director Sam Gerdano discusses the rise in 'strategic default' with California-based lender Richard Zahm and why it's here to stay.

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