Underwater on Your Mortgage and Looking for Justification for Walking Away?

Brent T White, a professor at the University of Arizona School of Law, has written a 54 page paper on why you should consider walking away from a mortgage if you are underwater. Click on the title to see the paper.

Given that 49% of Florida homeowners are underwater in their mortgages, this article is certainly food for thought and perhaps a better use of time than watching the Tampa Bay Bucs lose again.