Strategic Default is when a homeowner who can pay their mortgage defaults because the home has lost so much value and the loan payments are so high.The practice of strategic default has become more common as homes continue to lose value because many home ownersStrategic Default is when a homeowner who can pay their mortgage defaults because the home has lost so much value and the loan payments are so high.The practice of strategic default has become more common as homes continue to lose value because many home owners
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