Rising retail
loan delinquencies pointed to problems in Philadelphia and northern New Jersey, according to Wachovia Securities.
Not exact matches
Morgan Stanley's
Delinquency Diffusion Index, an aggregate measurement of year - over-year increases in the delinquency of several types of personal loans, stood at 19.2 (on a 100 - point scale) for the first quarter of 2016, up from its low in October, 2014, driven by increases in auto loan and credit card delinquencies in 2015 — but far below the 60 - point threshold associated with a pre-reces
Delinquency Diffusion Index, an aggregate measurement of year - over-year increases in the
delinquency of several types of personal loans, stood at 19.2 (on a 100 - point scale) for the first quarter of 2016, up from its low in October, 2014, driven by increases in auto loan and credit card delinquencies in 2015 — but far below the 60 - point threshold associated with a pre-reces
delinquency of several types of personal
loans, stood at 19.2 (on a 100 -
point scale) for the first quarter of 2016, up from its low in October, 2014, driven by increases in auto
loan and credit card
delinquencies in 2015 — but far below the 60 -
point threshold associated with a pre-recession state.
Homeowners who complete post-closing counseling and who, within the
loan's first 18 months, successfully avoid a 90 - day
delinquency will earn a permanent 0.15 percentage
point reduction in their MIP.
The
delinquency rate for credit card
loans more than 30 days past due, meanwhile, grew by 27 basis
points, to 2.3 percent.
Among the ones on the rise were
delinquencies in indirect auto
loans, which rose 11 basis
points to 1.56 %.
A big reason for the latest decline was the 30 - day
delinquency rate on home equity
loans, which dropped four basis
points from the first quarter to 2.70 %.
«The seasonally adjusted
delinquency rate increased 47 basis
points for prime
loans (from 3.24 percent to 3.71 percent) and 148 basis
points for subprime
loans (from 17.31 percent to 18.79 percent).
The
delinquency rate decreased 33 basis
points for FHA
loans (from 13.05 percent to 12.72 percent) and increased 73 basis
points for VA
loans (from 6.49 percent to 7.22 percent).
«The
delinquency rate,» says the MBA, «decreased 81 basis
points for prime
loans (from 7.10 percent to 6.29 percent), 79 basis
points for subprime
loans (from 27.02 percent to 26.23 percent), 67 basis
points for FHA
loans (from 13.29 percent to 12.62 percent) and 35 basis
points for VA
loans (from 7.79 percent to 7.44 percent).»
TORONTO —
Delinquency rates on auto
loans are soaring,
pointing to another spillover effect from the slowdown in the oilpatch.
Most debts are taken care of by the first
loan boss until the
point when they hit around 150 days of Pay You to Write my Assignment
delinquency.
Auto
loan delinquencies of 60 days or more could be 3 basis
points higher by the end of next year at a projected 1.46 %.
Part II of the 24 - page Power
Point report put out by New York Fed on Feb. 28, 2013 deals with the
delinquency of student
loans, here are some facts: Page 11: «6.7 million borrowers, or 17 %, are 90 + days delinquent.
While
delinquencies on unsecured personal
loans dropped between year - end 2016 and 2017 to 3.37 % from 3.83 %, they will remain largely static in 2018, possibly dropping a basis
point to 3.36 % by year - end.
For example, the 30 + day
delinquency rate on CMBS
loans rose 0.05 percentage
points to 0.53 percent, and the 60 + day
delinquency rate on
loans held in life company portfolios rose 0.02 percentage
points to 0.03 percent.
That risk was highlighted in March, when the Mortgage Bankers Association revealed that there had been a significant increase in
delinquencies for all mortgage
loans last year, including an increase of 10 basis
points for prime
loans, 170 basis
points for sub-prime
loans and 28 basis
points for FHA
loans.
In early December, the Mortgage Bankers Association reported that
delinquencies on mortgages for one - to four - unit residential properties rose 47 basis
points between the second and third quarters of 2007, to 5.59 percent of all outstanding
loans, the highest rate since 1986.
The 30 + day
delinquency rate for CMBS
loans moved down one basis
point from March to April, to 5.57 percent, according to information provider Trepp LLC.
Delinquencies on retail
loans have risen to 6.5 percent, a percentage
point higher than CMBS as a whole, according to Wells Fargo.
Similarly, ratings firm Fitch reported that CMBS
loan delinquencies increases by three basis
points in February over January, to 3.37 percent.
A just - released index from credit ratings agency Fitch shows that CMBS
loan delinquencies fell by six basis
points from August to September, to 4.46 percent for all property types.
The CMBS
delinquency rate for U.S. commercial real estate
loans rose 28 basis
points in June to reach 5.75 percent, according to research firm Trepp.
The overall
delinquency rate for U.S. CMBS
loans climbed by 13 basis
points in February month - over-month, to reach 5.31 percent, according to a recent report from research firm Trepp LLC.
The
delinquency rate for US commercial real estate
loans in CMBS is now 4.51 %, a decrease of 32 basis
points from the January level.
The overall
delinquency rate for US commercial real estate
loans in CMBS is now 4.55 %, an increase of four basis
points from the February level.
The
delinquency rate for US commercial real estate
loans in CMBS is now 4.83 %, a decrease of six basis
points from the December level.
The
delinquency rate for US commercial real estate
loans in CMBS is now 5.49 %, a decrease of 26 basis
points from the June level.
From September through November, FHA serious
delinquencies rose a full percentage
point and in 2011, the number of seriously delinquent
loans increased by 100,399.
The 30 + days
delinquency rate for U.S. CMBS
loans climbed a whopping 31 basis
points in March to 9.68 percent, according to research firm Trepp LLC.
In October, the retail sector experienced the greatest increase in the 60 - day CMBS
loan delinquency rate out of all commercial property types, by 9 basis
points, to 0.40 percent, according to JPMorgan.
The
delinquency rate for Freddie Mac
loans fell 1 basis
point, to 0.03 percent, while the
delinquency rate for Fannie Mae
loans increased 4 basis
points, to 0.09 percent.
Data released by the Mortgage Bankers Association (MBA) indicates that the
delinquency rate for mortgage
loans on one - to - four - unit residential properties, considered single - family properties, decreased to a seasonally adjusted rate of 6.04 % of all
loans outstanding at the end of the second quarter of 2014, 7 basis
points less than its level in the first quarter of 2014 and 92 basis
points below its level one year ago.
In sum, the serious
delinquency rate, the portion of
loans either 90 or more days late or in the foreclosure inventory decreased by 108 basis
points over the past year.
According to a report by the Mortgage Bankers» Association the
delinquency rate for mortgage
loans on 1 - 4 unit residential properties decreased to a seasonally adjusted rate of 5.30 % of all
loans outstanding at the end of the second quarter of 2015, 24 basis
points less than its level in the first quarter of 2015 and 74 basis
points below its level one... Read More»