Personal Finance Advice and Commentary

Wednesday, July 14, 2010 12:43 pm
By Judy Martel · Bankrate.com

If only jazz-age author F. Scott Fitzgerald could have foreseen the long and varied life of his now-famous observation, “the rich are different.” Here’s another, less favorable, differentiator of the wealthy: They’re defaulting on their mortgages in greater numbers than the rest of the underwater-mortgage population. A study for The New York Times by CoreLogic