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Homeowner Wants To Walk, Despite New Loan Terms

Thad Salter’s home is now worth less than half of its 2006 purchase price of $300,000. Even after his bank modified his mortgage, Salter wondered whether it would be better to walk away from the loan. At least one law professor says he should do just that. » E-Mail This      » Add to Del.icio.us

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Homeowner Wants To Walk, Despite New Loan Terms

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