Mortgage Delinquency Rate Climbs to New Record in 3rd Quarter

The mortgage delinquency rate reached a record 9.64 percent of all loans outstanding for the third quarter of this year, according to the Mortgage Bankers Association. That compares to 9.24 percent in the second ...

Troubling Sign: Credit Card Late Payments Rise for September

Consumer behavior resulted in a mixed bag of results for the biggest credit card companies in September, with overall defaults falling, but late payments – referred to as delinquencies – are on the upswing. The ...
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