Strategic Default

Fannie Mae Wants Consequences for Strategic Default

Fannie Mae Wants Consequences for Strategic Default

Fannie Mae hates strategic default. Then you say it’s bad for communities, Terrence, why do you think that’s the case? I mean… bad is a relative term, wouldn’t you agree. And, in terms of doing bad things... (Continue reading)

How to Strategic Default? Ask the MBA.

How to Strategic Default?  Ask the MBA.

How to strategic default? There’s just one little, teeny-tiny, almost insignificant smidgeon of a problem with what the Mortgage Bankers Association’s CEO was saying: He was completely full of shit. ... (Continue reading)

What is Strategic Default? A Moral Dilemma?

What is Strategic Default? A Moral Dilemma?

What is a strategic default? These days, it occurs to me, there would be even less morality involved in the decision to walk away from a mortgage. I can’t believe anyone actually feels morally obligated to a bank today.... (Continue reading)

Who is Freddie Mac to Strategic Defaulters? Well, I Have a Message for Freddie Mac.

Who is Freddie Mac to Strategic Defaulters?  Well, I Have a Message for Freddie Mac.

What is Freddie Mac anyway? I’ve personally spoken with several thousand homeowners from all over the country, hundreds that have considered walking away from their mortgages, or are now in the process of doing so, and let me assure... (Continue reading)


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