At least one large FFEL program lender misinterprets the 90 - day delinquency requirement as involving a five - year lookback instead of looking just for current delinquencies. (finaid.org)
He wouldn't cite current delinquency figures for these loans that make up 1 - 2 % of the company's overall portfolio, but said that, overall, all mortgages are performing well. (valuepenguin.com)