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SOURCE: LoanPerformance--a subsidiary of First American Real Estate Solutions, San Francisco. Prime and subprime data are sourced from the LoanPerformance cooperative servicing databases, representing 85 percent of outstanding mortgages nationwide. These and other loan data are Web-accessible through an annual subscription to TrueStandings Servicing.
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To learn more about LoanPerformance, visit www.loanperformance.com/data-power/default.aspx.
LoanPerformance's lending databases track the delinquency and prepayment performance of 46 million active individual mortgage payments per month, and provide loan-level information on more than $1 trillion in non-agency mortgage-backed securities (MBS) and asset-backed securities (ABS). The company's data and suite of predictive prepayment and risk-modeling solutions enable mortgage originators, servicers, securities issuers and investors to make informed business decisions about credit risk, loss mitigation, customer retention, securitization and investment.
* "Seriously Delinquent" (SD) is defined as active mortgage loans that are 90 or more days delinquent, plus those loans in foreclosure.
** "1-Month CPR" is defined as the conditional prepayment rate (CPR) predicting the percentage of principal that will prepay over the next 12 months, based on historical principal paydowns, measured on one month.
*** "2005 Book Early Warning Report" reflects current delinquencies on loans originated in 2005.
2005 Prime…
Source: HighBeam Research, Mortgage performance.(Statistical table)