Insured-Mortgage Defaults Fall Again

Defaults on insured U.S. mortgages fell for the third consecutive month, according to Mortgage Insurance Companies of America.

  • 01 Jun 2009
Defaults on insured U.S. mortgages fell for the third consecutive month, according to Mortgage Insurance Companies of America. In its April report, MICA notes that the number of defaults slipped 3% in April, after dropping 6% in March and down10% in February from a high of 106,482 in ...

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1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

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