Lenders Bracing For More Defaults

November 2006
Mortgage Servicing News;Nov2006, Vol. 10 Issue 10, p2
The article reports on the survey of the Phoenix Management Inc. that shows majority of lenders are expecting a decrease in their loan portfolios in the months following November 2006. Some lenders participating in the quarterly survey are planning to allocate more resources to distressed portfolio management for the next 18 months.


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