Loading...

Mortgage default risk improving

April 23, 2012 by josephine.munis

A recent study compiled by VantageScore Solutions found that default risk associated with mortgage originations has improved. The likelihood that a borrower will become 90 or more days past due after a mortgage has been originated was 2.5 percent in 2011, far lower than in 2009, where it hovered at 7 percent.

Get your VantageScore®.

Source: View the complete VantageScore Solutions 2011 Annual Validation study.

VantageScore® is owned by VantageScore Solutions, LLC.

Related Posts

Experian's Residential Property Attributes helps mortgage lenders enhance their marketing and lead generation strategies.

January 17, 2024 by Scott Hamlin

Here's why you should implement automated income and employment verification to meet renters where they are. Read more!

October 11, 2023 by Manjit Sohal

To maximize limited marketing spend, lenders will need to be more prescriptive to increase response rates on fewer delivered offers.

October 6, 2020 by Eric Johnson