Relevant:
- Unemployment Spurs Rise in US Subprime Delinquencies
- Subprime Delinquencies Drop Again as CDS Prices Return to 2008 Levels
- S&P's Analysts: HFA Delinquencies Unlikely To Trigger Rating Action
- Loan Modification Programs of Limited Benefit to RMBS
- US credit card delinquencies stabilize but unemployment expected to boost chargeoff rate
2008-04-29 — blownmortgage.com
''Subprime loan delinquencies have stabilized after their torrid run-up in late payments according to the latest remittance reports. This is obviously a positive sign for the housing market as fewer 60-day delinquencies mean fewer eventual 90-day delinquencies and NOD’s. While analysts caution against over-reaching in the importance of the improvement they do note that it is significant.''
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