Marc McCain Blog

A recent story in the New York Times explored whether borrowers electing to walk away from their homes are facing lawsuits and collection  efforts by the holders of junior loans on residential property.  See the article at http://www.nytimes.com/2010/08/12/business/12debt.html or the attached pdf debts-rise-and-go-unpaid-as-bust-erodes-home-equity-nyt The Reporter, David Streitfeld, spoke with me and several other attorneys, to gauge [...]