U.S. Subprime Delinquencies Decline

08 Apr 2010

The number of delinquencies on subprime mortgages declined last month for the first time in four years, according to Fitch Ratings.

The number of delinquencies on subprime mortgages declined last month for the first time in four years, according to Fitch Ratings. The rate in March for subprime residential mortgage-backed securities slipped to 46.3% from 46.9% from the previous month, but was still well above the 39.8% recorded a ...

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