Delinquency


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Delinquency

Failure to make a payment on a debt or obligation by the specified due date.

Delinquency

The state of being late for a payment on a loan or other liability. If a payment is due on the third of each month and one does not pay until the ninth, the account is said to be in delinquency until the payment is made. Some liabilities have grace periods to allow for late periods up to a certain point without causing delinquency. A late fee may or may not be assessed on a delinquent payment. Serious and prolonged delinquency can lead to default.

Delinquency

A mortgage payment that is more than 30 days late.

References in periodicals archive ?
The Trepp CMBS Delinquency Rate continued its summer trend of oscillation and inched up slightly in August.
Waite provided his May 31 numbers to Credit Union Times, which showed $40 million of true delinquencies, which meant a delinquency ratio of 1.
These include "The Girls Study Group--Charting the Way to Delinquency Prevention for Girls"; "Violence by Teenage Girls: Trends and Context"; "Resilient Girls--Factors That Protect Against Delinquency"; "Suitability of Assessment Instruments for Delinquent Girls"; "Causes and Correlates of Girls' Delinquency"; "Developmental Sequences of Girls' Delinquent Behavior"; and "Girls' Delinquency Programs: An Evidence-Based Review.
Nevertheless, despite these recent increases, 60-day delinquency rates for prime loans are still about one-fifth to one-sixth that of the current delinquency rates for subprime loans, depending on whether one compares fixed- or adjustable-rate loans.
The evaluation components of our program are multifaceted and include the following outcome variables: satisfaction with the program, reports of delinquency, school attendance and grade reports, parent reports of social, emotional and behavioral functioning.
Anthony Platt, for example, argued that the creation of juvenile court by elite reformers defined as criminal much behavior characteristic of working-class, immigrant youth, and in effect thereby invented the concept of delinquency .
The return of delinquency court in the Antelope Valley is an important service for our community,'' Antonovich said.
Similarly, a study tracing the criminal careers of 1,000 juvenile boys discussed in Sheldon and Eleanor Glueck's Of Delinquency and Crime (1974) found that 73.
The accumulated data show that IQ and impulsivity are each related to delinquency independently of each other," argues Terrie E.
So for now, further improvements in the delinquency rate could be elusive.
Commercial and multifamily mortgages performed relatively well during the downturn, and for most investor groups delinquency rates are now back in the lower end of their historical range.
Trepp has anticipated continued improvement in the US CMBS delinquency rate, as February marks the ninth straight month in which the rate has fallen.