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Be Like the Rich: Why Keep Paying for What Doesn’t Pay Off?
9 July 2010 Today’s most e-mailed article on the New York Times website is “Biggest Defaulters on Mortgages Are the Rich” — in a nutshell, homeowners with loans over $1 million are more likely to have stopped paying their mortgages than those with more modest homes. As law professor Brent White states, the wealthy […]