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Loan Modification

: Loan Modification & Home Loan News

Beyond Guilt in the Housing Crisis: The Morality of Strategic Default

By Moe Bedard

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By Brent T. White? Abstract: Responding to those who argue that homeowners who strategically default on their mortgages are immoral and socially irresponsible, this article argues that breaching a mortgage contract is not only morally acceptable, it may be the most responsible course of action when necessary to fulfill more important obligations to one?s family. As a [...]

Full post as published by Loan Modification & Home Loan News on May 04, 2010 (boomark / email).

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