Relevant:
- S&P: Second Mortgage Defaults at Lowest Point in 7 Years
- mortgage defaults rise for first time in a year
- first and second mortgage defaults fall in february
- Consumer Debt Bubble Growth Since '08 Masks Weak Household Wealth; Default Risks
- Bank of America, Citigroup, Credit Card Defaults Soar To New Highs
2012-12-30 — mortgagenewsdaily.com
``Default rates for first mortgage loans increased in both October and November according to the S&P Dow Jones Indices and Experian. The increases drove the national default rate up from a post recession low reached in September despite continued improvements in the performance of second mortgage, credit card, and auto loans. ''
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