Sentences with phrase «more delinquencies»
Credit card debt was reported to have the second highest 90 day or more delinquency rate at 9.5 percent.
deseretnews.com
Individuals who opened many accounts within a year or two and have one or more delinquency showed a much greater likelihood of default.
Experts predicted there would be slightly more delinquencies in 2014 than the previous year.
It will cause more delinquencies and reduce demand for loans, hence causing the banks loan losses and reducing their profits.
«If we look at some of the more recent vintages... more consumers have lower FICO scores,» which means more delinquencies.
They also had more delinquency episodes.
The states with the highest 30 days or more delinquency rates in January were: Mississippi (8.8 %); Florida (8.4 %); Louisiana (8.1 %); New York (6.7 %); Alabama (6.5 %); and New Jersey (6.4 %).
New Jersey and parts of Long Island had more nonprime mortgage activity than the national average and now has more delinquencies and foreclosures than in much of the region.
The Business Credit Risk Score indicates the likelihood that your business will incur a 90 day or more delinquency or charge - off over the next year.
The Business Credit Risk Score indicates the likelihood that your business will incur a 90 day or more delinquency or charge - off over the next year.
On Thursday, Fed Chairman Ben Bernanke said in prepared testimony before a House panel that more delinquencies and foreclosures can be expected in the subprime adjustable - rate mortgage market as borrowers face interest - rate resets.
What main mortgage insiders are concerned about is the crisis broadening: More and more delinquencies are being reported in the prime mortgage loan market where borrowers with good credit scores have begun to miss home loan payments with alarming frequency.
The most recent mortgage delinquency data suggested that defaults on subprime mortgage loans are occurring at measured pace than in recent months, good credit homeowners are beginning to show more and more delinquencies