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发帖数: 5409 | 1 Say a bunch of loans with varying features (borrower,servicer, location,
credit score etc.), with time passing borrowers will lose money on a portion
due to forclosure.
High-risk loans often have property insurance to mitigate the loss situation
. The insurers pay the less amount of actual loss or a predefined sum at
orgination.
However, due to recent economic downturn, many insurers are increasing the
rate of policy cancellation. So the insurance coverage is random as well.
What is the appropri |
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