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tommiegun54

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tommiegun54

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Thursday, 03/04/2021 10:29:52 AM

Thursday, March 04, 2021 10:29:52 AM

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RADIAN REPORTS ACCELERATED DECLINE IN DELINQUENCIES IN FEBRUARY 2021

RADIAN ANNOUNCED THIS THAT THE DEFAULT INVENTORY SAW A LARGER DECLINE THAN JANUARY.

JANUARY DECLINE 1,099
FEBRUARY DECLINE 1,506
Ending inventory = 52,882 loans

This is a normal seasonal trend, when more borrowers catch up on DELINQUENCIES in the late winter and spring months. The ECONOMIC COVID RELIEF STIMULUS, if approved, should accelerate a decline in defaults.

https://radian.com/news-and-knowledge/news?id=21261

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