Strategic Default

Interesting data on the relative acceptance of "strategic default." 

http://www.kcmblog.com/2012/10/10/strategic-default-32-believe-its-ok/

"The survey’s major findings:

  • Almost 68 million U.S. adults (32 percent) believe homeowners should be able to strategically default on their mortgages without any consequences.
  • 28 million Americans (13 percent) would likely strategically default on a mortgage.
  • 36 million Americans (17 percent) know someone who has strategically defaulted on a mortgage."-KCM Blog
Posted on November 6, 2012 at 12:17 am
Michael Doyle | Category: Uncategorized

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