Prices are recovering after the worst foreclosure crisis since the Great Depression. Photo: Bloomberg Prices are recovering after the worst foreclosure crisis since the Great Depression. Photo: Bloomberg
Prices are recovering after the worst foreclosure crisis since the Great Depression. Photo: Bloomberg

US mortgage giants offer incentive to walk away from home loan debt woes

US mortgage giants will let some borrowers who kept up payments but found themselves in negative equity give up their properties

Prices are recovering after the worst foreclosure crisis since the Great Depression. Photo: Bloomberg Prices are recovering after the worst foreclosure crisis since the Great Depression. Photo: Bloomberg
Prices are recovering after the worst foreclosure crisis since the Great Depression. Photo: Bloomberg
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