Discuss the ethics of walking away from a mortgage. Be sure to include an analysis of any rationalizations
The "walking away" phenomenon has caught on because "everyone is doing it.". However, there are implications and the analysis should begin with who is affected by the decision to walk away: mortgage lender, neighbors because of a decline in property values; communities because of the impact of large numbers of foreclosures; future borrowers because of stricter requirements and larger down payments; builders, suppliers, etc., as demand for homes goes down because the financing is not there both because of excessive homes on the market and also because lenders will be skittish following such a mass exodus on obligations.
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Distribution costs are an example of period costs
Indicate whether the statement is true or false
Rachel is frustrated with her boss, Ross, at the Vitamin Villa. She has expressed an interest in reorganizing the shelves to spiff up the store. She knows that if she could do this, then it would be easier for customers to find what they are looking for. She doesn’t feel listened to or valued by Ross. Rachel has a
a. Low level of job gratification b. High level of job dissatisfaction c. Low level of job satisfaction d. Low level of depression
The duty of a grand jury is to ________
A) decide if there is enough evidence to justify bringing a defendant to trial B) decide if the defendant is guilty beyond a reasonable doubt C) make a finding of guilt D) determine the sentence to be imposed in misdemeanor cases
Agents and principles have a fiduciary duty to each other
Indicate whether the statement is true or false