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Amherst finds mortgage market underestimates looming defaults

Amherst Securities Group said the market is not taking into consideration the high likelihood of potential defaults on performing or re-performing mortgages when estimating future losses on these loans.
Mortgage-backed securities analysts at the fixed income dealer took a look at $ 1.3 trillion in outstanding nonagency mortgages from a year ago to see how they're doing [...]

 Amherst finds mortgage market underestimates looming defaults

 Amherst finds mortgage market underestimates looming defaults
HousingWire

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