Thread: Money Mortgage experts: need some help
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Old 09-08-2008, 04:29 PM   #4
Spott Spott is offline
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Join Date: Aug 2000
Location: Orlando
Casino cash: $-877600
Quote:
Originally Posted by SBK View Post
New FHA program. Wipe out part you owe above what it's worth for no penalty to your credit.
Really? So a person can sell their house for 30K less, not pay off the debt and their credit wouldn't be screwed? Can that be done for conventional loans too?
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