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Strategic Defaults

"Strategic" Mortgage Default: Why It's Not Unethical

The Big Money | Mark Gimein | Posted 10.12.2009 | Business

Read More: The Big Money, Slate, Mortgage Crisis, Morality, Strategic Defaults, Housing Crisis, Home Foreclosures, Business News

Last month a study from the credit reporting agency Experian and consulting outfit Oliver Wyman estimated that close to a fifth of troubled mortgages ...

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"Strategic Defaults": Mortgage Holders With High Credit Scores Are Leaving Their Homes

latimes.com | Kenneth R. Harney | Posted 11.21.2009 | Business

Read More: Credit Scores, Foreclosures, Mortgages, Strategic Defaults, Real Estate, Mortgage Default, Housing Crisis, Business News

Who is more likely to walk away from a house and a mortgage -- a person with super-prime credit scores or someone with lower scores? Research using...

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