Tag:
strategic default
Latest Headlines
Latest Headlines
Bracing for a wave of strategic defaults
Executives at Fannie Mae and Freddie Mac have apparently changed their tune when it comes to principal reductions for mortgage holders who are underwater and having trouble making monthly payments.
Wealthy homeowners to strategically default in droves?
For a while, it seemed that the real estate crisis was hitting mainly the lower- to middle-classes. An element of snobbery could be detected in the conversation. Many made the point that people who
