Williams, Dean
February 2005
Mortgage Banking;Feb2005, Vol. 65 Issue 5, p46
This article presents information related to performance of mortgage services industry. While mortgage originators now are focused on managing the decline in production, the servicing sector is bracing for potential "default fallout" from the explosion of loans written in the last three years. A look at the mortgage delinquency data will help to illustrate the picture better. A natural seasoning effect has been evident for a long time in the servicing business. Mortgages tend to reach peak delinquencies after seasoning for roughly three to four years in a portfolio.


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