Category delinquencies are based on loan values rather than the number of loans, so a smaller number of large loans can have an outsized effect on the delinquency rate. The largest new delinquent ...
December's credit card data were mixed, featuring a reduction in late payments alongside an increase in banks writing off debt as unrecoverable losses. The average delinquency rate of 2.90% ...
Multifamily delinquencies jumped 75% year-over-year to around $2.8B, Trepp reported. A total of $38.1B in CMBS loans were delinquent as of December, up 41% from the start of 2023. Just over $17B ...
But rooting out delinquencies is proving a game of Whac-A-Mole: As Flagstar dumps problem loans, many of them to rent-regulated borrowers, new sets of payments . Flagstar reported $749 million ...
The post-holiday credit card slump has set in and delinquencies are surging, now hitting a 14-year-high. Finance professor Dan Roccato joins FOX6 WakeUp with ways to get back on track.
But while the disasters are likely to “incrementally increase mortgage delinquencies,” they will have a “relatively immaterial effect” on mortgage insurance companies. Fitch explained that ...
Icra estimates growth to moderate to 18 to 20 per cent in FY2025 The small finance banks (SFBs) had witnessed a strong growth momentum in FY2023 and FY2024, with expansion being driven by buoyant ...
Q2 FY25 witnessed a further increase in delinquencies across all DPD (days past due) bands and across all ticket sizes and lender types, according to the latest quarterly report on the ...