5 million in TDR delinquencies
that wouldn't otherwise have been reported, Patelco's May 31 delinquency ratio jumped to 3.
At the national level, delinquencies
on subprime loans increased by 77 basis points to 13.
Dollar-weighted average delinquencies
(equal to the rate for all card portfolios combined) have increased faster than the median, particularly in the troubled states.
To date, retail delinquencies
have been comprised primarily of smaller loans collateralized by strip centers or older power centers.
Currently, the 2006 vintage contributes the highest dollar balance of loan delinquencies
within the Index, at $599.
fell more than any other properly type, dropping from a peak of 21.
The borrowers typically have relatively poor credit histories leading to higher than average delinquencies
equipment lease ABS delinquencies
have remained stable so far this year, they are likely to increase slightly through the remainder of 2008 and into next year, according to Fitch Ratings.
Also on the rise are individual Brooklyn condo delinquencies
, which have jumped from 402 to 525 units owing $133,816, and representing 16 percent of the total units.
During last year's winter season, timeshare ABS performance exhibited more dramatic seasonal delinquency and default spikes than seen in recent years, with total delinquencies
Mortgage Bankers Association Chief Economist Jay Brinkmann found good news and bad news in the latest edition of MBA's National Delinquency Survey (NDS)--the good news being the continued decline in long-term delinquencies
, while the bad being a rise in loans one payment past due.
CHICAGO -- Delinquencies
in equipment lease asset-backed securities (ABS) declined in February based on the aggregate portfolio of small/mid-ticket and heavy metal transactions in the index.