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Default Risk for Originations Comes in higher to to Refi Mix
National Mortgage News, Sept. 2, 2022–Spencer Lee (subscription)
A higher proportion of cash-out refinances is bringing with it increased default risk for conventional mortgages originated in the second quarter compared to earlier this year, a new report found.
https://www.nationalmortgagenews.com/news/default-risk-for-recent-originations-comes-in-higher-due-to-refi-mix?position=editorial_1&campaignname=V2_NMN_Daily_2021-09052022&utm_source=newsletter&utm_medium=email&utm_campaign=V2_NMN_Daily_2021%2B%27-%27%2B09052022&bt_ee=iX%2FQyeqSmGW2GRXQxWNtTb7Febfv91KKf1q%2BqZjAKHI7bYJMXn1WRhPbb%2Bj8d5y%2F&bt_ts=1662372071165