Delinquency Rates Make Seasonal Improvement In Early 2007, But Mortgage Defaults Stay High
June 21, 2007
The share of homeowners late on their mortgage payments fell sharply in the first quarter of 2007, but the downturn appears based on seasonal factors as default rates remain well above year-ago levels.According to the Inside Mortgage Finance... [Includes two charts]
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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