Prepayment activity fell to another record low in October amid mortgage rates topping 7% and refis drying up. Black Knight expects that the steep declines in rate lock volume and seasonality factors ...
The current refinancing wave surging through the U.S. mortgage market will push prepayment speeds to record levels for at least three more months as originators scramble to process the deluge of ...
- Prepayments fell 16.5% to a single-month mortality (SMM) rate of 0.48%, well below the previous record of 0.55% and the lowest recorded since at least 2000 when Black Knight (BKFS) began reporting ...
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