Jumbo Mortgages Likely Next to Experience High Default Rates

Do you have a large non-conforming mortgage that was not purchased by Fannie Mae or Freddie Mac? Are you upside down and owe more than the house is worth? If so, you are part of a large group of homeowners who are considered the most likely to default on their mortgage over the next 12-18 months. Read more to find out what some homeowners are doing to take advantage of this exact scenario.

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