Rise in `Strategic Defaulters' Adds to Housing Woes: Video

492 views · Published 2 October 2009 · 2:02 · Indexed 20 September 2026

Channel: Bloomberg Originals · 2009 · News & Politics

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Oct. 2 (Bloomberg) -- The number of U.S. homeowners intentionally "walking away" from their mortgage loans is growing as property values decline. Bloomberg's Gigi Stone reports on the impact of these "strategic defaults" on the housing market. (Source: Bloomberg)

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