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Securitization
» Delinquencies on Non-QM MBS Spike in April (INM)
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Delinquencies on Non-QM MBS Spike in April (INM)
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$55.00
Securitization
Product Details
The impairment rate on non-QM MBS increased by more than five times in April as borrowers felt the side effects of the coronavirus. The worst performing non-QM loans were those to self-employed borrowers.
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