Mortgage-Only Defaulters Perform Better on New Loans
admin2011-06-03T02:08:05-07:00June 3, 2011 (Chris Moore) Are borrowers who only defaulted on their mortgage loans during the economic downturn a better credit risk than borrowers who defaulted on their mortgage loans and their other debt, such as car loans and credit cards? A recent study by credit bureau giant TransUnion would suggest that they are. [...]