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.

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

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