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  • I'm walking from my underwater mortgage

    01/31/2010 7:57:46 PM PST · by TigerLikesRooster · 136 replies · 4,123+ views
    NY Post ^ | 01/31/10 | JANET SPEER
    I'm walking from my underwater mortgage By JANET SPEER Last Updated: 7:34 PM, January 31, 2010 Posted: 4:34 AM, January 31, 2010 I stopped paying my $1,450-a-month mortgage on my 200-year-old, four-bedroom home in September 2008 -- after making the hard decision to walk away from my mortgage because it is hopelessly underwater. It is not an easy decision to walk away from your home, and in the beginning I actually felt like a loser. That was the hardest part. You see, I was raised to live up to my financial responsibilities. I was taught plenty about personal responsibility. But...