As we all know, even the most impeccable Credit Score doesn't guarantee that the Borrower could NEVER default on his/her mortgage loan. But obviously, having earned a credit score of 750-800+, the Borrower appears more appealing up front, thus is considered of less risk.
I'm trying to find some statistics on the default rates based on various credit score categories, and was hoping someone would chime in with a piece of advice or suggestion as to where I can go looking.
x<620
620<x<640
x>640
I'm aiming to find out the % of defaults in each of these three categories.
Does anyone have any advice?
Many thanks!
