This prerecorded two hour segment of On The Money with Peter Hebert is titled “Understanding Foreclosures Trends and Walking Away From an Under Water Mortgage,” and features two exclusive interviews with subject matter experts on real estate and foreclosures and how to handle an upside down mortgage and start over.
The first hour is an exclusive interview with Realty Trak’s Rick Sharga. Realty Trak data and Sharga are the most sought after for foreclosure analytics by the business media. The firm’s data (www.RealtyTrak.com) is sought by government agencies and investors.
The second hour is an exclusive interview with Jon Maddux of You Walk Away. The topic is strategic default as a means of managing financial distress and planning for the future for many American households. In times of confusion when Wall Street turns Main Street upside down, sometimes doing the “wrong” thing is the “right” thing. Maddux of You Walk Away (www.youwalkaway.com) has been covered by many mainstream media outlets.