Walking away from their mortgages – St. Augustine Record
More people who can afford their mortgages are walking away from them, according to a recent study. It’s called a strategic default, or a voluntary foreclosure, and is becoming increasingly common as people find themselves paying far more than what …

Fearing a commercial real estate crisis – NJBIZ
Distress among commercial real estate mortgages in New Jersey is intensifying, with more properties in the state going back to the lenders. Some industry insiders say a crisis may be in the works if the economy continues to falter. %26ldquo;You’re …