Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (142779)	9/5/2001 1:35:22 PM
From: GVTucker	Read Replies (2) \| Respond to of 186894

Amy, RE: Real estate default rates Good and bad news in those MBAA numbers. While 4.63% might seem alarming, it is still a long ways away from the 6%+ number recorded in 1985. And note that the 1985 number was really in the middle of a recovery. The worst news in the report is that FHA insured loans now have a delinquency rate of 10.79%, the highest in the three decades that the default rates have been recorded. There are some serious credit problems particularly in the high risk end, and there are fewer lenders out there that are willing to assume that risk.