Sentences with phrase «loan default rate currently»

Not exact matches

It sounds as if the private teacher preparation system in Texas comes very close to the scandalous and very expensive (to students, parents, and the federal government - through very high default rates on guaranteed student loans) «private college» system which is currently being forced to clean up its act.
One big catalyst for this problem is the rate of default which is currently around 12 % of Federal student loans.
The rising delinquency (11 % currently) and lifetime default rates are all the more disturbing given that federal student loan rules, in theory, permit all borrowers to repay based on a percentage of their income.
If you doubt this, consider the high currently expected rate of default on FHA loans originated over the last two years.
The method FHA currently uses to control its losses, which is to blackball lenders whose loan submissions have high default rates, is clumsy and only partly effective.
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