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A Growing number of consumers attempt to remain current on their mortgages |
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August 19, 2010 |
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In a recently released study focusing on Strategic Defaults, Experian and Oliver Wyman found that in Q2 2009, of consumers who defaulted, the number who made attempts to remain current on their mortgage obligation before defaulting increased to 26%, up from 20% in Q2 2008. This finding suggests that more consumers were striving to meet their credit obligations before defaulting than in previous years.
Source: Experian-Oliver Wyman Market Intelligence Reports
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Join an online community designed to share "New strategies for a new reality" and gain access to exclusive presentations and materials from Experian's Vision 2010 Conference.
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