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Tag Archives: loan delinquencies

State near top in student loan delinquencies

In a recent analysis of trends in the student loan industry, TransUnion found that private student loan delinquency (the ratio of student loans 90 days or more past due) decreased approximately 4.9 percent, down from a high of 6.34 percent in the third quarter of 2009. This quarterly decrease represents a reversal of a five-quarter trend that began in the ...

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ABA reports loan delinquencies declining

WASHINGTON – Consumer loan delinquencies fell in eight of 11 loan categories in the fourth quarter of 2009, marking the second quarter in a row of broad-based improvement, according to the American Bankers Association’s Consumer Credit Delinquency Bulletin. The composite ratio, which tracks eight closed-end installment loan categories, fell four basis points to 3.19 percent of all accounts compared from ...

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Report finds loan delinquencies soaring

JACKSONVILLE, Fla. — The January 2010 Mortgage Monitor report, released by Lender Processing Services Inc. (LPS), showed that home loan delinquency rates in the U.S. have now surpassed 10 percent. Factoring in foreclosures in process, according to the data in LPS’ database, the total non-current rate sits at 13.3 percent. When extrapolated to reflect the entire mortgage industry, this rate ...

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ABA report finds shrinking loan delinquencies

WASHINGTON — Consumer loan delinquencies fell in seven loan categories, marking the first time since 2007 that so many loan categories experienced declines, according to the American Bankers Association’s (ABA’s) “Consumer Credit Delinquency Bulletin.” The composite ratio, which tracks eight closed-end installment loan categories, fell 12 basis points to 3.23 percent of all accounts compared to 3.35 percent of all ...

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