Post by
Hassel on Jun 21, 2014 11:55am
Rollovers
Remember for the past 5 years the only people that the mortgage holder was in contact with was Street. Therefore in most cases they will renew their mortgage with them.
Comment by
eagleflying on Jun 25, 2014 11:02am
FYI, ask Street about renew rate via email. here is answer. We don’t disclose exact renewal numbers but we have disclosed that we are targeting a 75%-80% capture rate of renewals and that, so far, we have been meeting our target.
Comment by
gibbonsj on Jun 25, 2014 11:49am
they did say 2Q had started out very strong so I'm not surprised that they would be on target.