Sentences with phrase «high delinquency rate»

The suburban office subsector carries a notably high delinquency rate of 13.3 %, while the reading for the broader office sector is currently 7.24 %.

Successfully turned around high delinquency rate by effectively communicating with tenants and improving process for collecting and tracking lease payments.

The «whole loan» program had a relatively high delinquency rate, 7.8 percent, and CalPERS reported losing $ 3 million on the program since 1997.

«States with economies heavily reliant on oil and energy are bucking the trend and experiencing higher delinquency rates.»

With 1 / 6th of FHA - insured mortgages at least 30 days late, and 3.32 % in foreclosure, FHA homeowners are facing the highest delinquency rates since 1979.

Half the population has a delinquency rate of 5 % or less, and a half has a higher delinquency rate.

In other words, FHA loans have a higher delinquency rate but a lower foreclosure rate than mortgages generally.

FHA mortgages, as critics note, now have high delinquency rates, meaning that someone has missed one or more payments.

TransUnion found card holders who only made the minimum payment had higher delinquency rates not only on credit cards, but also other debts like mortgages and car loans.

States where residents carry the lowest levels of student debt, on the other hand, have some of the highest delinquency rates.

The high delinquency rates led to a rapid devaluation of financial instruments (mortgage - backed securities including bundled loan portfolios, derivatives and credit default swaps).

Consumers who made the minimum payment, or close to it, generally had higher delinquency rates.

«While the focus in recent years has been on the mortgage market, lenders will need to keep an eye on student loan portfolios — and on customers who have student loan debt — as the high delinquency rates among these borrowers can spell trouble across multiple products.»

Home equity loans have a higher delinquency rate than all other types of consumer loans, according to data from the American Bankers Association.

While the top 20 percent of earners do have the largest absolute student - debt loads, low - income minority borrowers have the highest delinquency rates.

For the second quarter, Nevada, Florida, Arizona and California remained the four states with the highest delinquency rates, mirroring the locations where foreclosures are the highest.

This was the highest delinquency rate since second quarter of 2001, up 0.19 percent from the fourth quarter of last year.

Student loans have the highest delinquency rate of any form of household credit, having surpassed credit cards in 2012.

Andershed et al. (2001) also found the highest delinquency rates among male adolescents scoring high on psychopathic traits.

Based on a self - report delinquency measure, it appeared that the psychopathy - like group had the highest delinquency rates, except for vandalism.

But Southard qualifies that observation, admitting that underwriting surely played a part in the «disastrously» high delinquency rates of 1992 — but the real estate market itself contributed mightily to that «perfect storm» of the early 1990's.

Finally, subprime borrowers are higher risks and have always had a higher delinquency rate than prime borrowers.

Virginia and Washington, D.C. featured the highest delinquency rates measured for August, while Florida and Georgia outperformed with the lowest.

Note, however, that most lenders have tightened their credit standards in light of increasing foreclosures and higher delinquency rates.

Not exact matches

So just how are mortgage delinquency rates so incredibly low at a time when household debt levels relative to incomes have never been higher?

One reason why lenders may feel safe lending to Virginians, allowing them to have a high debt - to - income ratio, is their low delinquency rates.

Loan delinquency climbed to 11.2 percent in the last quarter of 2016, the highest rate for all types of household debt.

This implies that among loans in the repayment cycle delinquency rates are roughly twice as high.

The Effective Interest Yield for the second quarter of 2017 was 32.8 %, primarily reflecting the impact of higher delinquency and net charge - off rates in the second quarter of 2017 relative to the prior year period.

The roll rate — the percentage of credit card users who «roll» from early stage delinquencies to 60 - 89 day delinquencies — reached the highest since 2008 for one credit card program, while delinquencies for another were above the 10 - year average, according to Royal Bank of Canada credit analyst Vivek Selot.

Arizona, California, Florida and Nevada all show markedly higher delinquency and foreclosure rates than average;

As I look at that, the 3.68 % reserve rate, but with the charge - offs below 2.8 % and delinquencies down 30 basis points this quarter, which points to lower charge - offs the next quarter or 2, it would seem to me like that rate is too high.

That means the actual delinquency / default rate could be 20 % or higher.

Not surprisingly, data released this month from the the Financial Industry Regulatory Authority's Investor Education Foundation, which seeks to promote financial literacy, reveal high school students who are required to take personal finance courses have better average credit scores and lower debt delinquency rates as young adults.

Analysts have been warning for years that subprime car loans pose a threat to lenders as delinquency rates have edged higher since reaching a post-recession low in 2012.

Roll rates in National Bank of Canada's Canadian Credit Card Trust program are at the highest since 2008, while for CIBC's CARDS II program, early stage delinquencies, 60 - 89 day delinquencies and roll rates are all above the 10 - year average, Selot said.

«This implies that among loans in the repayment cycle, delinquency rates are roughly twice as high,» the report says.

Subprime auto - loan delinquencies are rising and Experian recently reported that the national bank credit - card default rate set a 46 - month high in April at 3.35 %, which was up from 3.09 % a year earlier.

In addition, two broad measures of financial health — debt delinquency rates and credit scores — showed short - lived and modest increases: The worst - flooded residents had 90 - day delinquency rates that were about 10 percent higher, relative to non-flooded residents, for the three months following Katrina.

President Barack Obama has often noted in speeches the enthusiasm of Korean parents for their children's education, the high quality of Korean teachers, the number of learning hours that Korean students spend, and the outstanding educational achievements these have produced; for example, top rankings in international academic - achievement tests, and low rates of school dropouts and juvenile delinquency.

New research shows that higher suspension rates are closely correlated with higher dropout and delinquency rates, and that they have tremendous economic costs for the suspended students (Marchbanks, 2015), as well as for society as a whole (Losen, 2015).

Our criminology assignment help professionals suggest that it was a study which was done to identify why the crime and delinquency rates are higher in some neighborhoods than others.

This implies that among loans in the repayment cycle delinquency rates are roughly twice as high.»

That means the actual delinquency / default rate could be 20 % or higher.

Oklahoma's delinquency rate on credit card debt is 21 % higher than the rest of the United States.

To include borrowers delinquent on their non-FHA ARMs due to a rate reset or the occurrence of an extenuating circumstance but experienced no more than two 30 - day or one 60 - day late payment in the 12 months prior to the rate reset or extenuating circumstance that caused the delinquency; (In a telephone news conference with reporters when the FHASecure program was first introduced, a high - ranking HUD official explained that the program was open to delinquent borrowers regardless of how many payments had been missed — he actually mentioned six or more as an example.)

While many delinquencies have been caused by adjustable rate mortgages for subprime borrowers or with gimmicky features which caused payments to reset to unnaturally high levels, the rise in ten - year Treasury yields is a warning that a broader population of mortgage holders could face higher mortgage rates.

CoreLogic Chief Economist Frank Nothaft said that in Texas, February's serious delinquency rate was 50 % higher than it was in August 2017.

That's a much higher rate of delinquency than previously thought.

Information collected by Fitch Ratings uncovered that the auto loan delinquency level is now at 5.8 percent, the highest rate in some time.Despite the growing economy in the United States, an increasing number of subprime auto loan borrowers are defaulting on their loans.