Question: When a borrower decides to stop making payments on an existing mortgage loan despite having the ability to make payments (typically when the home has

When a borrower decides to stop making payments on an existing mortgage loan despite having the ability to make payments (typically when the home has lost value), this is more commonly referred to as a(n)

A. equity redemption.

B. statutory redemption.

C. strategic default.

D. reverse mortgage.

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