http://www.geldpress.com/2009/07/mortgage-walkaways-law-and-ethics/ Finance, Stock Options, Politics, Economics, Stock Market News, and Technology. Sat, 14 Aug 2010 06:44:48 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://www.geldpress.com/2009/07/mortgage-walkaways-law-and-ethics/comment-page-1/#comment-989 Adam Thu, 30 Jul 2009 19:20:52 +0000 http://www.geldpress.com/?p=769#comment-989 The other "cost" of walking away is the affect on your credit. In some ways the bad karma of walking away is captured by future lenders being reluctant to lend. In my mind if you're happy to take the credit hit instead of the loss on the home, have fun. The other “cost” of walking away is the affect on your credit. In some ways the bad karma of walking away is captured by future lenders being reluctant to lend. In my mind if you’re happy to take the credit hit instead of the loss on the home, have fun.

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