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).
Tulsa's estimated 2014 population is 394,500, up very slightly from the 2010 population of 393,500. The city anchors the Tulsa Metropolitan Area, which has a population of about 953,000, while the greater Tulsa-Muskogee-Bartlesville Combined Statistical Area (CSA) has a population of 1.12 million. Tulsa has the 54th largest metropolitan region in the United States.