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For example, for an origination program that relies on owner occupancy to offset other risk factors, a borrower fraudulently stating its intent to occupy will dramatically alter the probability of the loan defaulting.
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The loan defaulted 12 months after closing.
Private school loan defaulted to third party(chase recovery payment).
Dear Steve, My private student loan defaulted because my co-signer filed for Chapter 13.
They examined how different types of loans defaulted, and the attributes of the borrowers in question.
More than 60% of Corinthian students with those loans defaulted within three years.
The market crashed as homeowners with subprime and other troublesome loans defaulted at record levels.
HUD consequently incurred losses when some of those MORTGAGEIT loans defaulted.
Federal school loans defaulted...third party contacting me...????? Also, Sallie Mai loans defaulted.
Forty percent of those loans defaulted after one year.
Still, 60percentt of those with Genesis loans defaulted within three years.
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