Consider what this default ratio means given the portfolio composition, as there are only two possibilities – either the FHA is intentionally making loans that are defaulting quickly, within the first 24 months, or the older FHA loans …
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Housing: Yes, That Was (And Is) A Train Wreck – The Market Ticker
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He applauds the forced conciliation sessions because they require both sides to work out a deal more quickly. ?The longer they are in default, the harder it is for them to pay,? he said, and the more money the lenders lose. ...
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