Seriously Delinquent Prime RMBS Rise Again

13 Jul 2010

Fitch Ratings reports that the 60-day and older delinquencies on U.S. prime residential mortgage-backed securities has climbed for the 37th month in a row in June, inching up one-tenth of a percentage point to 10.4%.

Fitch Ratings reports that the 60-day and older delinquencies on U.S. prime residential mortgage-backed securities has climbed for the 37th month in a row in June, inching up one-tenth of a percentage point to 10.4%. California, New York, Florida, Virginia and New Jersey have the highest volume of ...

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