Experian: Strategic And Credit Defaults Are Both Down

Nemeroff, Evan
August 2011
Mortgage Servicing News;Aug2011, Vol. 15 Issue 8, p23
The article focuses on the market insight report from Experian which revealed that strategic and mortgage defaults in the biggest cities throughout the U.S. have fallen every quarter through 2010. The report indicated that mortgages that were 60 days delinquent continue to fall through the middle of 2010 since strategic defaults peaked in the first quarter of 2008. It showed that consumers with higher origination balances are more likely to strategically default.


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