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COVID-19 and the mortgage credit risk market

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Manage episode 267528765 series 2342257
Content provided by Milliman, Inc.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Milliman, Inc. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

COVID-19 has had far-reaching economic implications, but what does the pandemic mean for the U.S. mortgage market? On this episode of Critical Point, Milliman’s Mike Schmitz from the firm’s mortgage practice, and Chris Harner from Milliman’s Cyber Risk Solutions group, discuss the impact of the pandemic on mortgage defaults and the credit risk market. While unemployment spiked and remains high, Schmitz notes that mortgage risk is much more sensitive to home prices than unemployment rates, and currently all signs point to market trends that will not be as severe as during the global financial crisis.
You can read the episode transcript on our website.

  continue reading

55 episodes

Artwork
iconShare
 
Manage episode 267528765 series 2342257
Content provided by Milliman, Inc.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Milliman, Inc. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

COVID-19 has had far-reaching economic implications, but what does the pandemic mean for the U.S. mortgage market? On this episode of Critical Point, Milliman’s Mike Schmitz from the firm’s mortgage practice, and Chris Harner from Milliman’s Cyber Risk Solutions group, discuss the impact of the pandemic on mortgage defaults and the credit risk market. While unemployment spiked and remains high, Schmitz notes that mortgage risk is much more sensitive to home prices than unemployment rates, and currently all signs point to market trends that will not be as severe as during the global financial crisis.
You can read the episode transcript on our website.

  continue reading

55 episodes

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