US Subprime RMBS Delinquencies Hit 50% for Some Vintages

" Total delinquencies have continued to increase among U.S. subprime residential mortgage-backed securities (RMBS) transactions originally rated in 2005, 2006, and 2007. As of the August 2009 distribution date, total delinquencies were 43.69%, 52.49%, and 49.90% of the current aggregate pool balances for the 2005, 2006, and 2007 vintages, respectively."