How many loans purchased by Freddie Mac and Freddie Mae are expected to become delinquent? Click through to find out.
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Cash-Out Refis Dominate Market, Increasing Risk Level
The latest Mortgage Default Index (MMDI) published by Milliman, Inc., showed that mortgage risk rate continues to increase in the second quarter of 2022 with heavy cash-out refinance volumes weighing on the market. According to Milliman, the default risk for ...
Read More »Default Risk on GSE-Backed Loans Increases
Economists say historical and predicted home-price appreciation is the primary reason for an elevated potential for mortgage delinquencies.
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