DEFAULT IN DWELLING FINANCIAL SYSTEM: A STUDY WITH CAIXA ECONÔMICA FEDERAL - CAIXA (FEDERAL SAVING BANK)

ABSTRACT Default is one of the main factors bringing great concern to companies today, regardless of their size or invoicing. More than selling, they are concerned about how and when they will receive to assure their own survival. This work has for objective to understand the degree of significance given by borrowers of Caixa Econômica Federal (Caixa) in respect of dwelling default in the State of Pernambuco. It should be pointed out that questionnaires have been answered by defaulting borrowers of this company, located both in the capital and inland of the State of Pernambuco. Results achieved have shown that a small decrease in default was noted from the implementation of the Credit Risk System (Siric), from 2000; however, according to the current indexes and research results, efforts have to be intensified to make indexes fall into acceptable levels.