According to Milliman’s latest Mortgage Default Index (MMDI) covering the first quarter of 2022, mortgage originations continued a decline recorded over the last three quarters due to increased interest rates and a decline in originations and refinances. The index value of the MMDI rose to 2.39% for originations during the first quarter of 2022 compared …
The post Milliman: Expected Slowdown Driving Uptick in Mortgage Risk appeared first on DSNews.