Do Democrats differ from Republicans on the issue of "strategic defaults"? In other words, do Dems or GOPers take the moral high ground on the issue of whether people should intentionally default on their mortgages even if they can continue paying them? Not really, says a new academic study. In fact the study -- done by researchers at Northwestern University, the University of Chicago, and the European University Institute says independent voters are the most immoral on the issue. Translation: Independents -- more than Republican or Democrats -- think it's okay for a consumer to walk away from their mortgage even if they can continue paying. According to the researchers, 26% of all delinquencies are strategic...
Processing Content
