According to Milliman’s latest Mortgage Default Index (MMDI) covering the first quarter of 2022, mortgage originations continued a decline recorded over the last three quarters due to increased interest rates and a decline in originations and refinances. The index value ...
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Default Risk Rises in Q4
The default risk for GSE acquisitions hit 1.98% in Q4, up from a reading of 1.65% the previous quarter.
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