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MI Cure Ratio Falls in July.(Illustration)

Mortgage Servicing News

| October 01, 2003 | COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
 
Month         Cures   Defaults     Ratio 
 
    July '02     36,564     46,962     77.90% 
    Aug. '02     29,008     45,956     84.90% 
    Sept. '02    41,331     49,050     84.30% 
    Oct. '02     41,726     51,765     80.60% 
    Nov. '02     44,539     58,835     88.40% 
    Dec. '02     43,570     53,566     81.30% 
    Jan. '03      4,682     58,835     75.90% 
    Feb. '03     52,288     49,334    106.00% 
    March '03    50,059     47,646    105.10% 
    April '03    46,882     45,098    104.00% ...
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Source: HighBeam Research, MI Cure Ratio Falls in July.(Illustration)

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