Fannie's Thumbs-Up for Walk-Away Homeowners

Fannie Mae recently announced a change in policy regarding underwater homeowners who walk away from their mortgages. In this video, Foolish financial analyst Matt Koppenheffer reviews the new policy of not pursuing the delinquent homeowner and just taking the loss. Matt believes that, while this may rile some taxpayers, in the long run, it may be beneficial to the housing market and to neighborhood home values. 

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