Is it morally wrong to strategically default on your loan?
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Is it morally wrong to strategically default on your loan?
Middle class Americans are increasingly facing the choice of defaulting on their mortgage loans because their property is so far underwater even though they can make the monthly payment. Is this morally right?
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Factbox: States' mortgage settlement proposal with banks - Reuters

Factbox: States' mortgage settlement proposal with banks - Reuters | Is it morally wrong to strategically default on your loan? | Scoop.it
Factbox: States' mortgage settlement proposal with banksReutersBut banks adamantly oppose it, saying it could be too costly ...
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Strategic defaults contagious in Las Vegas neighborhoods - Las Vegas Sun

Strategic defaults contagious in Las Vegas neighborhoods - Las Vegas Sun | Is it morally wrong to strategically default on your loan? | Scoop.it
1 in 4 defaults are strategic default in Vegas. Strategic defaults contagious in Las Vegas neighborhoodsLas Vegas SunExperts say those who pursue a strategic default are ...
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Strategic Default Is Growing In Popularity Finally

Strategic Default Is Growing In Popularity Finally | Is it morally wrong to strategically default on your loan? | Scoop.it
Do you agree?JP Morgan Has No Shame! I am really excited that strategic default in Nevada is up to 1/4th of the walk aways. This is crucial since the more people walk away, the more that bankers will have trouble blowing... (Strategic Default Is Growing In Popularity Finally http://goo.gl/SW0Be)
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Proactive Options with better outcomes than Strategic Default | Frank Cava's Blog

RT @Frank_Cava Proactive Options with better outcomes than Strategic Default-- http://budurl.com/bf11 ( well done)
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To Default or Not to Default? - It's Your Money - TIME.com

To Default or Not to Default? - It's Your Money - TIME.com | Is it morally wrong to strategically default on your loan? | Scoop.it
One of the leading proponents of strategic default—a.k.a. walking away, even when you have the money to keep up with mortgage payments—says there are three situations in which it's actually a good idea to keep paying the mortgage.
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