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Mortgage Walk Away

Senate Takes On Mortgage Walk-Away - Orlando Real Estate

Wednesday, May 28th, 2008

Recently came across this information thought some of you might find it interesting.
The Senate Banking Committee has just passed the Federal Housing Finance Regulatory Reform Act of 2008 by an overwhelming and bipartisan vote of 19-2.
Buried in the proposed legislation is something new and revolutionary, an effort to stop mortgage walk-aways.
Walk-aways arise when a borrower […]