On Thu, Oct 21, 2010 at 9:27 PM, Nick Arnett <nick.arn...@gmail.com> wrote: > On Thu, Oct 21, 2010 at 7:41 PM, John Williams <jwilliams4...@gmail.com> > wrote: >> >> That suggests that you are not going to strategically default. I >> wonder if there are any other clues that the lender was able to glean >> that suggested you would not strategically default. > > I'm curious "strategically defaulting" moral in your world-view?\
No. > How about > non-strategically defaulting? What do these terms mean? A strategic default is a somewhat more formal term for "walking away", i.e., choosing to stop making mortgage payments and let the property be foreclosed upon, usually because the property is worth less than the outstanding mortgage. _______________________________________________ http://box535.bluehost.com/mailman/listinfo/brin-l_mccmedia.com
