Both firms agree that delinquency levels rose due to three
large loan delinquencies that hit the market in June.
Not exact matches
Specifically, beginning with data for February 2010 and later, the concern is that we will begin to observe a spike in
delinquencies - first in the form of «30 - day
delinquencies» and gradually in either
large increases in
loan loss provisions or in the actual onset of foreclosures.
Bank of America stopped making private student
loans in 2008, in the aftermath of the bankruptcy of The Educational Resource Institute (TERI), formerly the
largest guarantor of private education
loans, amid a wave of borrower
delinquencies and defaults.
A new TransUnion study found that consumers with the ability to pay
larger amounts than the minimum payment due on their credit cards had significantly lower
delinquency rates on not only their credit cards, but also their auto
loans and mortgages.
Despite declines in the unemployment rate during the same period,
delinquency rates for Direct
Loans, the federal government's
largest lending program, increased by roughly 8 % between 2013 and 2016.
CMBS
loan delinquencies have ticked higher in recent months and experts are predicting a more volatile stretch for the second half of the year as more
large loans mature...
«We will see
delinquencies continue to be volatile for the remainder of the year, because of all of these
larger loans that are coming due this year,» says Che.
Of the five
largest MSAs by total CMBS
loan balance, four posted an increase in
delinquencies.