Anatomy of a 'responsible' homeowner

Flickr photo by davetoaster.

Are you a "responsible" homeowner?

The question may seem odd or silly, but if you meet the definition, the federal government wants to help you refinance your mortgage.

The phrase "responsible homeowner," which is already in danger of becoming hackneyed, surfaced last year and was picked up by President Obama who declared, "We must … do everything we can to help responsible homeowners stay in their homes."

But the question must be asked: Who is a "responsible" homeowner?

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