Strategic Defaults On the Rise

When the going gets tough, walking away may be the option for some. Strategic defaults are rising, not only among deadbeat homeowners, but also among the credit savvy borrowers, Jon Maddux, CEO of YouWalkAway, wrote in the December 2011 issue of the Foreclosure News Report, a monthly newsletter published by RealtyTrac. “I don’t feel strategic …

Strategic Defaults On the Rise Read More »