Canseco in foreclosure, too
But it's not just the average Joe who has been caught in this mess. Jose Canseco's mansion in California is on that list. The former baseball star who grew up in Miami walked away because it didn't make any sense to continue payments, he said.
I want to know: what happens to these houses? what happens to these people who speculated and lost? (I'm not talking about those who were bamboozled in some cases of mortgage fraud)
I sure as heck don't want to pick up the tab.