Once you're underwater, however, as at least half of homeowners are today, you can't borrow against your home's equity, nor can you sell your home, so any of those life events are likely to hit you where you live. ... (Continue reading)
When that is understood by the majority of Americans, I believe we will finally be ready to throw away the meaningless distinctions, "responsible homeowners and irresponsible homeowners," and we'll return to just being American homeowners. ... (Continue reading)