I sense a lot of people are trying to justify their "strategic defaults" and want to emphasize the complexity to rationalize their decision to not pay their debts.

To make a blanket statement and say YES and investor would do this deal doesn't make sense.This is the same rational when people equate foreclosures to DEALS.A deal can be in the form of many different types of properties or seller motivations.Also depends if you want to wholesale it,whole tail it,or sell retail,or keep it in your portfolio as a rental.

As far as debt to income ration, I have a full time job and am living rent free currently and have no other debt to pay off.

Let's talk about how to stop this tyrany...hopefully rationally.

As suspected (and as I pointed out in my post above), none of the Fox News supporters here want to address the fact that Fox News has the most misinformed viewers and clearly doesn't even know which party high-profile politicians belong to...Of course there won't be any response to this post either, as even those who like Fox News realize that all the criticism is warranted and there really isn't any defense...Any rational person would have figured this out back in 2003 when Fox News lawyers stood in a Florida courtroom and argued in front of a jury that they legally had a right to distort the news -- and even flat out lie -- to their viewers.

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As for a deed-in-lieu, I very much doubt the owner would be interested in an expedited version of an FC when he'd been living in the house for the last two years not making payments.I guess the "holiday season" reason makes sense, but this TS was first scheduled for October, hardly the holiday season.It seems like a "rational" investor holding this note would just cut bait and go to sale, but that isn't happening for whatever reason, and it is frustrating the heck out of my buyer, so I'm trying to see if there are any other solutions.Doesn't sound like there are.

Certainly they are rational self-maximizers, but it seems like straight talking out of both sides to say they want a relationship and deny loans because they are worried about concentration.Am I thinking about this the wrong way?

At least this is the way it should function with rational buyers...I'm not sure what the paper community does here or if this really happens much since the partial duration is so short.I would love to hear why this isn't the case if I am missing something.Mini balloons or "bubbles" distort the modified duration for series of cash flows based on how things are structured and thus should make the instrument more or less sensitive to interest rate changes.

Go ahead and calculate your debt to income ration and put together a portofolio of your rental properties so you can show you know what you are doing.