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Mortgage Broker News | 08 Feb 2010, 12:00 AM Agree 0
Lately some borrowers in the U.S. have been considering walking away from their mortgage, even if they have a means to pay it.
  • Monica | 11 Feb 2010, 06:03 AM Agree 0
    I think that Americans need to take some responsibility for their actions. They borrowed the money so they owe the money. It doesn't matter if the home isn't worth more than they owe. They signed a contract and need to stick with it.

    The Responsible Home Owner Reward program is ridiculous. I pay my mortgage every month and don't get a reward....I owe the money to my bank...I signed a contract with my bank....

    There needs to be more consequences in the States for walking a way from your mortgage. It seems so easy to do...
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