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Default Rate Increases for GSE-Backed Loans

The results are in and over the course of the second quarter the default risk of government-sponsored enterprise (GSE) backed loans rose by 0.28% to 1.48% for acquisitions originating in the second quarter.  This data comes from the Milliman Mortgage Default Index (MMDI), which is a lifetime default rate estimate calculated at loan ...

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Foreclosures Tick Up In October

ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for October which has found that there was a total of 20,587 properties with foreclosure filings against them, up 5% from September and 76% from a year ago. This increase marks the sixth consecutive ...

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