Mortgage Default Ratio


Definition of "Mortgage default ratio"

Insurance company's investment in mortgages that have defaulted (mortgages in default) divided by its adjusted surplus account. The smaller this ratio, the more financially sound the insurance company.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Second Death Insurance

Life insurance policy with a death benefit that is paid only when the second of two insureds dies. No benefits are paid as long as both live or if jus ...

Individual Annuity Table, 1971

Historical mortality table that replaced the annuity table, 1949, used for the calculation of annuity rates with more-current mortality experience at ...

Charitable Remainder Trust (crt)

Trust to which a donor transfers assets and that distributes income to finance a predetermined situation. After the trust expires, any remaining asset ...

Sherman Antitrust Act

1890 law prohibiting monopolies and restraint of trade in interstate commerce. The Sherman Act was strengthened in 1914 with amendments known as the C ...

Family Expense Insurance

Type of health insurance under which an insured's coverage extends to all family members if they are residents of the insured's household. Insures all ...

Fraternal Life Insurance

Group coverage for members of a fraternal association, usually on a nonprofit basis. ...

Popular Real Estate FAQ

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House DIY Home Improvement to Increase Your Home Value Moving Tips: House Relocation Stress Free Increase Your Home Value With These Home Improvement Ideas Down Payment: Everything You Wanted to Know

FAQ

What is a private Mortgage? What is PITI and what does it stand for? What is a seller disclosure? What happens when a property starts to depreciate? What is the Tax Benefits of Buying a Home?