Sentences with phrase «holding delinquent debt»
The market for defaulted mortgages is heating up as Wall Street firms try to profit from the housing recovery, banks seek to avoid the added costs of holding delinquent debt, and the Department of Housing and Urban Development sells loans to reduce losses at the financially troubled Federal Housing Administration.
https://www.bloomberg.com/ Not exact matches
More than 44 million Americans collectively hold $ 1.4 trillion in student debt with more than eleven percent in default or more than 90 days delinquent.