Study Finds a Quarter of Mortgage Defaults Are Intentional

Up to 26% of U.S. homeowners who stop paying their mortgage may be doing so intentionally, not because they can't make the payments but because they don't want to put money into a house that's worth less than what they owe.

Source:
http://www.time.com/time/business/article/0,8599,1908494,00.html