Many homeowners elected to default voluntarily on their mortgage.
That month, they defaulted on their mortgage and lost their home of 15 years.
"It was great if you could find a government housing project that was about to default on its mortgage," says Brittenham.
Even so, too many tenants failed to make their payments and the buildings defaulted on their mortgage to Rockefeller.
One of the former brothers-in-law defaulted on his mortgage and was foreclosed on.
Hell for those terms I would default on my mortgage.
Without sales revenues, the co-op defaulted on its mortgage.
The casino defaulted on its mortgage and had failed to make scheduled payments in September, 2009.
They defaulted on their mortgage and lost their flagship building in 1975 along with scores of other properties.
They lost their house after defaulting on their mortgage.