Sentences with phrase «loan delinquencies reached»

Tightening occurred in the fourth quarter of 2017 as auto loan delinquencies reached 2.33 percent, lower than the 2.36 percent in the previous quarter, but continuing a rising trend since 2013, according to LendEDU.

Not exact matches

Sallie Mae said its promissory note does say that the loan may be declared in default and due and payable in the event of the cosigner's death, but they do not report the loan to the credit bureaus as defaulted unless and until it reaches 211 days of delinquency.

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.

The Mortgage Bankers Association released figures today indicating that unemployment is negatively impacting FHA home loans, as delinquency and foreclosure rates have reached record rates.

ASA ® continues its role as a federal student loan guarantor, proactively reaching out to borrowers at risk of delinquency and default, and helping avert over $ 120 million of loan defaults.

Student loans in America have reached a record $ 1.35 trillion and delinquencies are rising fast.

Default on a Federal Family Education Loan Program (FFELP) loan occurs when you fail to make payments and your loan reaches 270 days of delinqueLoan Program (FFELP) loan occurs when you fail to make payments and your loan reaches 270 days of delinqueloan occurs when you fail to make payments and your loan reaches 270 days of delinqueloan reaches 270 days of delinquency.

As a result, the student loans have a much greater chance of reaching delinquency and default.

We may reach out to assist you in understanding your student loan repayment options, rights and responsibilities, along with resources for staying out of delinquency and default.

Under the previous rule, a loan would be exempted from such a request once the borrower reached three full years of payments with no delinquencies.

The 90 + day delinquency rate for student loans, however, is different from the others — the rate has increased substantially since our student loan data began in 2003, and has now reached 11.3 percent.

«Although the promissory note states that the loan may be declared in default and due and payable in the event of the cosigner's death, we do not report the loan to the credit bureaus as defaulted unless and until it reaches 211 days of delinquency.

TransUnion's report shows that in the first three months of 2012, after 23 years auto loan delinquencies have reached their lowest ratio to date.

In a recent report on CMBS delinquencies, Morningstar found that delinquencies among retail loans packaged into CMBS deals reached $ 7.9 billion in November.

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.