Home / Tag Archives: refis

Tag Archives: refis

The Rising Risk of Defaults in Refis

A recent report found that cash out refi loans at a higher risk of default than purchase loans. Click through to learn what’s causing refinance loans to have a higher stressed default rate.

Read More »

Blame it on Refis

According to new analysis of GSE loan performance data, refinances may be, in large part, to blame for the housing crisis. An uptick in “using homes as ATMs” lead to sloppier underwriting and an uptick in defaults on refis leading up to the collapse. Refis were significantly more likely to be seriously delinquent than purchase loans during this time.

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.