2013-09-04ocregister.com

``Bottom line: Homeowners can turn over the house keys and erase their debt -- even if they are still current on their payments. In the past, borrowers typically had to be delinquent before they could qualify for such help as a loan modification.

"We don't view it as 'walking away,'" Fannie Mae spokesman Andrew Wilson said, referring to a term used in the housing industry to describe homeowners who bail on their mortgages. "We view it as taking ... responsible action."''



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