TITLE

Subprime Prepay Rates Rose in June

PUB. DATE
August 2001
SOURCE
American Banker;8/1/2001, Vol. 166 Issue 147, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reveals that prepayment rates for subprime and high loan-to-value mortgages rose in June 2001 in the United States. Average constant prepayment rate (CPR); Rise of adjustable-rate subprime mortgages; Attribution of elevation of prepayment rates to lower mortgage rates and high real estate prices.
ACCESSION #
4939991

 

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