Here in Ca. where some of the loans are, people just don't walk they are stripping the homes and yards on the way out. Yesterday I saw an add (craigslist) for complete new kitchen and bathrooms for sale cabinets, granite counters, appliances, plumbing fix. even ac and heat equip. $4000. Thats tapped out and pissed off.
Bring on the Alt-A Downgrades [View article]