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Aggregator Conventional Loan Credit Quality MTD through July 30, 2019

Aggregator Conventional Loan Credit Quality MTD through July 30, 2019

Aggregator conventional loan sales moved to a slightly higher quality credit profile with volume in the top-left quadrant (high FICO/Low LTVs) at 31%, up from 27% in the same period in June.

There were no major losers in the higher-risk tranches, specifically offsetting the gains in the 720+ FICO/60-80% LTV buckets. The shift of 3.33% out of MI territory is interesting, though MI business keeps its share dominance at 61%, off from 65% in the June period.

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