Strategic Default. The decision by a borrower to stop making payments on a loan, even though the borrower is able to continue making payments. Strategic default most often appears in the home or commercial mortgage context when the property owner is underwater (that is, the amount of the mortgage is more than the owner's equity in the home or property).
Fairfax is a town in Osage County, Oklahoma, United States. The population was 1,555 at the 2000 census. Site of the infamous Osage Indian murders. Fairfax is located at 36Â°34â²17â³N 96Â°42â²23â³W / 36.57139Â°N 96.70639Â°W / 36.57139; -96.70639 (36.571386, -96.706259).
391,906. Tulsa is the second-largest city in Oklahoma and it is located in Wagoner, Tulsa, Rogers, and Osage counties. Tulsa's population has remained flat for decades and it has an estimated 2014 population of 394,500, which ranks 46th in the United States.