Defaults – REsmarts

By Dani Beit-Or July 13, 2010 The Menace of Strategic Default

By LUIGI ZINGALES Homeowners who walk away from their mortgages undermine our financial system. HULTON ARCHIVE/GETTY IMAGES Fortunately, debtors no…

By Dani Beit-Or July 13, 2010 Study: Nearly One in Five Mortgage Defaults Are ‘Strategic’

By Nick Timiraos A new report estimates that nearly one in five mortgage defaults through the first half of 2009…