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» Banks’ Use of Principal Forgiveness Declining, Transfers to Nonbank Servicers a Factor
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Banks’ Use of Principal Forgiveness Declining, Transfers to Nonbank Servicers a Factor
March 28, 2014
Brandon Ivey
The serious delinquency rate on servicer portfolios hasn’t improved much in the past year, from 5.7 percent in the fourth quarter of 2012 to 5.4 percent in the fourth quarter of 2013.
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