July 1, 2009 | Faculty
As Housing Market Suffers, More Homeowners Strategically Default On Mortgages
By Brendan Cosgrove
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EVANSTON, Ill. --- New research conducted in part by Northwestern University’s Kellogg School of Management indicates a number of homeowners are opting to strategically default on their mortgages. Paola Sapienza, associate professor of finance at Northwestern, discusses the concept.
Brendan Cosgrove is the broadcast associate/web content producer for Northwestern News Contact him at b-cosgrove@northwestern.edu
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