Profile step 1 suggests that lower than step one% out-of best loans was indeed inforeclosure during 1998-2006
Subprime fund in this test are severaltimes likely to go on property foreclosure and are usually more responsive to the financing cyclethan best financing. Conversely, at the least 3% from subprime finance weregenerally during the foreclosures. Lees verder “Profile step 1 suggests that lower than step one% out-of best loans was indeed inforeclosure during 1998-2006”