Wednesday, February 6, 2013

Soon You Can Flee Your Underwater Home. But It Will Cost You - Yahoo! Finance

For some homeowners, March 1 will be Liberation Day. That’s when Fannie Mae and Freddie Mac will start allowing some homeowners who have been stuck in their homes—unable to move because they owe more than the property is worth—to relinquish the houses and cancel their debt.

Read more: Soon You Can Flee Your Underwater Home. But It Will Cost You - Yahoo! Finance

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