There are two prevailing theories of borrower default: strategic default -- when debt is too high relative to the value of the house -- and ability-to-pay -- when payments are too high relative to ...

But there’s one more option that might make sense under the right circumstances: Walk away and default on your mortgage. A “strategic default” on your mortgage is simple: You stop making ...

This interest in strategic autonomy was, in no small part ... how the EU now appears to have embarked on a hedging strategy, albeit implemented more by default than design. In its desire to defend its ...