Relevant:
- When Underwater Homeowners Walk Away
- fico: some homeowners 110 times more likely to strategically default than others
- Homeowner Refinancing Act Resubmitted by Senators Menendez and Boxer
- Strategic Default: Inconceivable Assumptions Suddenly Conceivable
- Strategic Defaults Falling on Jumbo Mortgages, Relative to Smaller Loans: Moody's
2010-06-29 — thetruthaboutmortgage.com
"The Fed researchers believe “borrowers face high default and transaction costs because purely financial motives would likely lead borrowers to default at a much higher level of equity.â€"
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