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Strategic Defaults Remain High, but Relief May Be in Sight

Strategic Defaults Remain High, but Relief May Be in Sight

Experian-Oliver Wyman Market Intelligence Report finds first evidence of break in key trends in mortgage landscape COSTA MESA, Calif. and NEW YORK, June 28 /CHICAGOPRESSRELEASE.COM/ — According to updated findings from Experian and Oliver Wyman, strategic defaulters, who are defined as remaining delinquent for six months after the initial date of delinquency, continued as a high percentage of all mortgage delinquencies at 19 percent in the second quarter of 2009.

U.S. Automotive Lending Industry Showing Signs of Stabilization, According to Experian Automotive

U.S. Automotive Lending Industry Showing Signs of Stabilization, According to Experian Automotive

Growth rate for 30-day loan delinquencies is slowing, average credit scores for new and used vehicle loans rising, loan terms shortening Despite continued economic struggles, the automotive lending industry in… Read more »

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