U.K. Non-conforming RMBS Delinquencies Tick Up, But Still Low

21 Dec 2007

Ninety-day delinquencies within U.K. non-conforming residential mortgage-backed securities crept up in the third quarter of this year compared with the year-ago period, but are still at historically and cyclically low levels.

-- Leo Shvartsman

Ninety-day delinquencies within U.K. non-conforming residential mortgage-backed securities crept up in the third quarter of this year compared with the year-ago period, but are still at historically and cyclically low levels. The weighted average delinquency trend for the sector stood at 8.1% in the third ...

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