What are the cons/pros in walking away from your mortgage? Should you allow your property to be foreclosed, mail your keys to the bank - or not? Over 5 million people own homes currently valued at 75 percent or less of what is owed. "It would cost about $745 billion, slightly more than the size of the original 2008 bank bailout, to restore all underwater borrowers to the point where they were … [Read more...]