Economic View - Will More Borrowers Walk Away From Their Mortgages? - NYTimes.com

Economic View - Will More Borrowers Walk Away From Their Mortgages? - NYTimes.com"...millions of American homeowners are “underwater,” meaning that they owe more on their mortgages than their homes are worth. In Nevada, nearly two-thirds of homeowners are in this category. Yet most of them are dutifully continuing to pay their mortgages, despite substantial financial incentives for walking away