Not exact matches
Meanwhile,
delinquency rates for each form of household debt
declined, with about 8.1 percent of outstanding debt in some
stage of
delinquency, compared with 8.6 percent the previous quarter.
Early
stage delinquency has
declined 9 % year over year; now 2.5 % of private loans today are in early
stage delinquency.
The early
stage delinquency rate for undergraduate loans fell by 67 % from 2009 to a new low of 2.8 %; late
stage delinquency rate is at 2.1 %, a 71 %
decline.
For the big picture, early
stage delinquency is down 8.8 % to 2.7 % of all private student loans, and the overall late
stage delinquency rate
declined by 15 % to 1.9 %.
Nearly 5 percent of mortgages were in some
stage of
delinquency (30 days or more past due) in January, a slight
decline from a year ago, according to CoreLogic's Loan Performance Insights Report, released Tuesday.