Relevant:
- Consumer Loan Defaults Hit New Lows while Mortgage Defaults Rise
- The Myth of U.S. Consumer De-Leveraging
- S&P: Second Mortgage Defaults at Lowest Point in 7 Years
- Consumer Debt Bubble Growth Since '08 Masks Weak Household Wealth; Default Risks
- Bank of America, Citigroup, Credit Card Defaults Soar To New Highs
2011-03-16 — thetruthaboutmortgage.com
"Consumer credit defaults decreased in all major categories during February, according to the latest data released today for the S&P/Experian Consumer Credit Default Indices." -- Probably has to do with the trend of banks sitting on foreclosures/pre-foreclosures (and some improvement from meaningful loan mods getting done)
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