Fannie Mae to Charge Strategic Defaulters, for Everything

The Housing Wire reports on Fannie Mae:

sifting through borrower data to determine who is strategically defaulting and who is not after announcing more efforts this week to crack down on those who walk away from their homes. And if the GSE determines someone strategically defaulted, then they say they will hold the borrower accountable for all associated costs of getting the house back on the market, in areas that lawfully allow deficiency judgments.

When you encourage people to buy homes with 4% down: there aren't many threats in your arsenal.