Calculated Risk has put together a spreadsheet of FHA lenders and their default rates…pretty interesting stuff.
The “winner” is Mortgage Depot Inc, with a 48.65% default rate.
No wonder, FHA will end up being the next bailout.
Calculated Risk has put together a spreadsheet of FHA lenders and their default rates…pretty interesting stuff.
The “winner” is Mortgage Depot Inc, with a 48.65% default rate.
No wonder, FHA will end up being the next bailout.