Relevant:
- Economists and Homeowners Agree: Strategic Defaults Are Poor Option for Underwater Homeowners
- More homeowners choose to default on loans
- Owners' 'strategic defaults' on mortgages depend largely on how far underwater they are
- More Details Are Pending, but First Some Answers
- Obama Finds No Easy Way To Buoy U.S. Homeowners Deep Underwater
2009-07-13 — latimes.com
" A study finds that 26% of the defaults across the country are calculated economic decisions to bail out of loans by borrowers who could afford to make the monthly payments."
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