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2. Bank walkaway - Wikipedia

   en.wikipedia.org/wiki/Bank_walkaway

   A bank walkaway is a decision by a mortgage lender (a bank) to not foreclose on a defaulted mortgage (when the borrower has ceased to make the payments), or to not complete foreclosure proceedings (to "walk away" from the mortgage).

3. Walking Away From Mortgage: What to Consider - AOL

   www.aol.com/2011/01/21/walking-away-from...

   Walking away from your mortgage has become a trend as more homeowners find themselves underwater -- that is, their home is worth less than their mortgage. But as Ann Brenoff explains, at our ...

4. Walking Away From Your Mortgage: 3 Reasons It's a Bad Idea - AOL

   www.aol.com/news/2010-06-15-walking-away-from...

   If all the stories in recent months about walking away from your mortgage are to be believed, the practice of not paying this once-sacred obligation has become, if not quite acceptable, then at ...

5. Who Walks Away From a Mortgage? Not Whom You'd Expect - AOL

   www.aol.com/news/2011-05-11-who-walks-away-from...

   Peter Safronoff drives a Hyundai and lives in a rental bungalow in Encinitas, Calif., a beach community north of San Diego. At 63, it's not the golden-years lifestyle the financial consultant ...

6. Strategic default - Wikipedia

   en.wikipedia.org/wiki/Strategic_default

   A strategic default is the decision by a borrower to stop making payments (i.e., to default) on a debt, despite having the financial ability to make the payments.. This is particularly associated with residential and commercial mortgages, in which case it usually occurs after a substantial drop in the house's price such that the debt owed is (considerably) greater than the value of the ...

7. Five Things to Do Before You Walk Away From Your Mortgage - AOL

   www.aol.com/news/2011-01-21-five-things-to-do...

   Because in some cases, it makes good business sense to walk away from a bad investment -- just like the banks do all the time. Five Things to Do Before You Walk Away From Your Mortgage Skip to ...

8. Mortgages: Walking Away Gets Moderate Acceptance - AOL

   www.aol.com/news/2010-09-16-strategic-default...

   There's nothing like a housing crisis to inspire moral ambivalence. In a recent survey conducted by the Pew Research Center, more than a third of respondents said walking away from a mortgage is ...

9. Who Walks Away From a Mortgage? Not Whom You'd Expect - AOL

   www.aol.com/2011/05/11/who-walks-away-from-a...

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