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Walkaways highest in 'non-recourse' states (AP)

Started by riky, December 18, 2008, 11:01:32 PM

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Walkaways highest in 'non-recourse' states
    (AP)

 


AP - Mortgage law experts say the incentive to walk away from a home loan is highest in states that have anti-deficiency statutes, which prohibit lenders from suing borrowers for additional funds after foreclosure.


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