DS News Webcast: Thursday 1/22/2015

By Jordan Funderburk

Default rates are on the rise month-over-month for both first and second mortgages nationwide, according to the S&P Dow Jones Indices and S&P/Experian Consumer Credit Default Indices for December 2014 released Wednesday. The first mortgage default rate experienced its biggest monthly increase since September 2013, rising by five basis points up to 1.02 percent for December. The …

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