U.S. News & World Report - Believe it or not, an estimated 11 million people are underwater on their mortgage. That means they owe more to the lender than their home is worth. Because of this, many people are considering a strategic default, or what is known as "walking away from a mortgage." If you feel this way, you are not alone. As a matter of fact, even the most credit-worthy consumers are considering walking away from their mortgage.
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