Millions Of Americans Are Realizing They Can Default On Their Mortgage And Live Scot-Free For Years

Thanks to record long waits for foreclosure reviews this year, 40 percent of homeowners in default have been sitting pretty in their homes for the last two years without paying a dime

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With mortgages taking twice as long to process as in 2007, it's not surprising to see this happen. A society with such large numbers of homeless and empty, foreclosed homes has something wrong with how it operates.