Relevant:
- Defaults Cool To 20% Higher Than Similar Loans Originated in the 90s
- Impact of Subprime Mortgage Meltdown on Directors’ & Officers Insurance Less than Expected but Carriers May Charge More
- Investor-Owned Mortgages Have High Re-Default Rates, Says Report
- discover officially in the mortgage biz
- Community banks and credit unions brace for end of Fannie, Freddie
2009-06-19 — thetruthaboutmortgage.com
"Mortgages sold on the secondary market quickly after being originated were underwritten more poorly than loans kept on bank’s books, according to a report from the University of Michigan Ross School of Business."
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