cumulative claim rate


The number of insured mortgage loans in a particular class (and issued in the same year) that result in claims over a specified time period expressed as a percentage of the total number of insured mortgages in that class. This claim rate increases during periods when foreclosure rates are high. The cumulative claim rate may be assessed on a national basis or for a particular housing market (e.g. Atlanta, GA).
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cumulative causation cumulative discount privilege