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  2. Underwater mortgage: What it is and what to do - AOL

    www.aol.com/finance/underwater-mortgage...

    Walk away from your mortgage. Another option is to simply walk away from the mortgage — a move called a “strategic default” — but, like a short sale or foreclosure, doing so can be ...

  3. Should Underwater Homeowners Just Walk Away? - AOL

    www.aol.com/news/2012-06-08-should-underwater...

    Almost a third (31.4 percent) of homeowners with mortgages are underwater, according to the 2012 first-quarter Zillow Negative Equity Report, yet 90 percent of them are current on their mortgages ...

  4. Walking Away From Mortgage: What to Consider - AOL

    www.aol.com/2011/01/21/walking-away-from...

    Walking away from your mortgage has become a trend as more homeowners find themselves underwater -- that is, their home is worth less than their mortgage. But as Ann Brenoff explains, at our ...

  5. Underwater Homes Abandoned By Banks - AOL

    www.aol.com/news/2011-01-14-banks-walk-away-from...

    It's not just homeowners walking away from underwater homes -- so are banks and their mortgage servicers. Unfortunately for some neighborhoods, the mortgage servicers are abandoning the homes ...

  6. You Walk Away - Wikipedia

    en.wikipedia.org/wiki/You_Walk_Away

    YouWalkAway.com developed a strategic default calculator to help homeowners calculate the savings they might have by getting out of an underwater mortgage. [5] In 2012, YouWalkAway.com launched AfterForeclosure.com to help people discover if they were eligible to buy again after a foreclosure or a short sale. [6]

  7. What is negative equity? A guide to underwater mortgages - AOL

    www.aol.com/finance/negative-equity-guide...

    For example, let’s say that your current mortgage loan balance is $360,000. But your home is only worth $300,000. In that case, you would have negative equity of $60,000.

  8. Why Most 'Underwater' Homeowners Never Consider Walking Away

    www.aol.com/news/2010-05-24-why-most-troubled...

    Trulia.com and RealtyTrac.com surveyed homeowners online to ask if they would walk away from their home if they were unable to make the mortgage. In a poll Why Most 'Underwater' Homeowners Never ...

  9. What Is an Underwater Mortgage? - AOL

    www.aol.com/news/2013-03-14-underwater-mortgage.html

    By Diana Olick An underwater mortgage may sound like you're dealing with beachfront property gone bad, but it's actually a term of art in the world of real estate. You probably heard this term in ...