Sentences with phrase «rising delinquencies»

"Rising delinquencies" refers to an increase in the number of people failing to make payments on loans or debts they owe. Full definition
Even if student loan debt itself doesn't prevent millennials from owning real estate, rising delinquency rates on the loans can.
You bet — think of rising delinquency and foreclosure rates as well as more claims against the FHA reserve fund.
(Discover is the latest to report rising delinquencies: The card company said its 30 - day delinquency rate was 5.31 percent, up.75 percent from the prior year.)
We are now seeing the increase in unemployment in these areas manifest as rising delinquencies across the board, though the greatest impact has been on auto loans.»
Loans backed by properties in the District and Virginia have helped pull the broader region's delinquency rate up, as the suburban office sector in particular has reported rising delinquency and vacancy rates in recent quarters.
But rising delinquencies have made it harder to raise funds for fresh loans, prompting the sector to review its business model, which tends to attract borrowers with low credit quality.
The rising delinquency rate suggests that the foreclosure rate may yet climb higher.
Those lucky enough to find new jobs may have taken a pay - cut, and other economic factors have likely helped contribute to the rising delinquencies.
I have heard that the entire subprime market has suffered through a crisis and several lenders had to stop their business as they could cope up with the rising delinquencies and foreclosures.
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.
Rising delinquencies and looming foreclosures could flood the market with additional inventory, causing another 5 percent to 7 percent decline in home prices in 2011.
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