Strategic default in mortgage continues to be an ongoing issue for many lenders, with no substantial relief in sight. With home prices hitting new lows in the first quarter of 2011 prices are now 32.7% lower nationally than they were at their peak in 2006 Q1. Experian® and Oliver Wyman, recently released their latest report developing a clearer profile of Strategic Defaulters and what it means for lenders.
For more detailed information on Strategic Default, Join Experian for a one-hour overview of results from the latest Experian–Oliver Wyman topical report, Strategic default in mortgages: Q2 2011 update.
Please complete and submit the following form to download a copy of Experian's 2011 strategic default report.