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Feed: Consumer Spending by Strategic Mortgage Loan Defaulters and Battling Homeowners - AggScore: 11.0



Summary: Consumer Spending by Strategic Mortgage Loan Defaulters and Battling Homeowners


Today’s statistics explain that consumers who are in a strategic default and thus not paying their mortgage loan help economy more than the stressed homeowners. It may be favorable update for shop keepers but mortgage lenders would not be amused with the report. Such consumers appear to enjoy their freedom from home loan payments by [...]

Consumer Spending by Strategic Mortgage Loan Defaulters and Battling Homeowners


Today’s statistics explain that consumers who are in a strategic default and thus not paying their mortgage loan help economy more than the stressed homeowners. It may be favorable update for shop keepers but mortgage lenders would not be amused with the report. Such consumers appear to enjoy their freedom from home loan payments by [...]
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Feed Details
Date Added: 01/23/2011
Date Approved: 01/23/2011
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