Relevant:
- Surge in FHA Foreclosure Starts And Rising Delinquency In 2nd Quarter
- Second Quarter Vacancy Rates Slip from Previous Quarter
- JP Morgan Slashes Loan Loss Reserves, Posts $4.8bn Q2 Income
- Decline In Late Mortgage Payments May Be A Positive Indicator For Foreclosures
- Banks See Home Loans as Gateway to Big Gains
2009-05-19 — bloomberg.com
"U.S. commercial banks charged off 2.04% of all loans and leases in the first quarter, up from 1.90% the previous quarter. The number of loans past due thirty or more days was 5.60% at the end of the quarter, compared to 4.64% the previous quarter."
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