Real estate blog entries tagged with cure rates by Mark MacKenzie Real Estate Planning

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Home : Blogs : Mark MacKenzie : The Blog of Author Mark MacKenzie: It's The Housing Market, Stupid! : Tag "cure rates"

cure rates: CNBC's Diana Olick on "Cure Rates" - 08/25/09 11:22 PM

On Monday CNBC's Diana Olick wrote a post about mortgage cure rates. For those of you who haven't read her stuff before, I recommend it. She is one of a very small minority of housing analysts who understand the comprehensiveness of the housing market.
A cure rate is a term used to represent the percentage of delinquent loans that are returned to "current" status each month.
In other words, for every 100 loans that are delinquent, how many of the owners will get caught up with the payment they have missed.
According to Fitch Ratings, Olick writes that from 2000-2006, 45% of loan delinquencies were … (4 comments)

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