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2011-05-12 — mortgageorb.com
``Underwater borrowers increasingly believe it is okay to abandon their mortgage if they face financial distress. According to the First-Quarter 2011 Fannie Mae National Housing Survey, 27% of borrowers who are in a negative-equity situation think it is acceptable to walk away - nearly twice as many borrowers as when Fannie asked the question in January 2010.''
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