1) Computer program presets 2) Gets in arrears 3) Problems for mortgage lenders 1) Fails 
[software] defaults is a command line utility that manipulates plist files. defaults is present in the OS X and GNUstep operating systems, and it first appeared in the NeXTStep operating system upon which both of the aforementioned systems are based. The system stores each user`s preferences set in a .plist file for each program stored at ~...
A collection of default values / The act of using a default value, details ...
The nonpayment of principal and/or interest on the due date as provided by the terms and conditions of the note.