Sonoma County Appraiser Snapshot

So-called "Strategic Defaults" increasing foreclosure numbers
January 21st, 2010 9:33 AM

The following is a link to a Yahoo News story reporting on the phenomenon of homeowners who purposely default on their home mortgages through a "strategic default". To read the Yahoo News story, please click on the link below:

Read the complete article at the link below:

Strategic defaults are explained in great detail in University of Arizona Law Professor Alan T. White's paper, which can be accessed by downloading here:

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Posted by Erik Kirby on January 21st, 2010 9:33 AMPost a Comment

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