Relevant:
- Insured Mortgage Defaults Up 47 Percent: Report
- Insured Mortgage Defaults Jump to Highest Level in More Than Five Years
- The incurable onset of mortgage delinquency. Cure rate for mortgages at all time low. Government share of all income grows to record levels.
- Defaults on Insured Mortgages Rise 30% in August, Industry Says
- Defaults on Insured Mortgages Rise 38% in February
2008-01-01 — housingwire.com
"... cure rates below 60 percent are rarely seen; and the MI industry has never recorded an annual cure rate below 79 percent, according to available data. With today’s report, the 12-month moving average now stands at just 68.6 percent."
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