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Home » Store » Taxable » Alternative Documentation Remains Popular – But Could Have Higher Default Risks, Analysts Warn

Alternative Documentation Remains Popular – But Could Have Higher Default Risks, Analysts Warn

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Loans originated using alternative forms of documentation – and in some cases, no documentation at all – are becoming an increasingly big part of the mortgage market collateral mix. But are concerns about the risks associated with such products warranted? Not necessarily, two investment banks say. Clearly, reports of a surge in the use of alternative documentation by mortgage lenders is more than a myth. According to data compiled by Inside MBS &…
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