[Zuben Elgenubi]

There are 8 million homes currently foreclosed and owned by banks, with an additional 18 million homes whose mortgages are three months or more overdue (i.e. likely to foreclose).

On Friday, the Feds reported that 95% of all new mortgages have been issued by Fannie and Freddie Mac, the govt system with NO regulatory control. Private banks issued just 5% of all new mortgages.

What this author (a Ph.D. candidate at Stanford) suggests would more than damage the private banks and further strengthen the govt financial entities.

Further, I cannot ever remember an author recommending purposeful default.

[CodeToad]

“Further, I cannot ever remember an author recommending purposeful default.
“

There have been tons of articles over the past 18 months advocating doing so.

[GOPJ]

What this author (a Ph.D. candidate at Stanford) suggests would more than damage the private banks and further strengthen the govt financial entities.

She's probably a radical leftists who's never owned a home and hates the middle class. Destroying the banking system for someone like her, would be a turn-on - - the politics of resentment... usually against "mommy and daddy" who put her through college...