[lbo-talk] jingle mail: a strategy of the upscale

[shag carpet bomb]

doesn't that just make total sense though. the high scorers figure they've 
had a good record, so this one instance is gonna hurt, but they have had a 
good score. people with bad scores have already been penalized for their 
low score in the past -- presumably. they'll be a lot more likely to try to 
keep their commitment to the loan having been told, over and over again, 
that making their mortgage will go a long way toward rectifying their 
previously bad credit score.

At 09:21 AM 10/26/2009, Doug Henwood wrote:
><http://www.miamiherald.com/living/home/story/1239858.html>
>
>When mortgage default becomes a strategy
>Homeowners with high credit scores are 50 percent more likely to
>abandon a mortgage compared with lower-scoring mortgage borrowers.