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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (77832)5/18/2007 6:21:48 PM
From: CalculatedRiskRead Replies (1) | Respond to of 306849
 
Subprime delinquencies understated.
blogs.ocregister.com

From MBA Jay Brinkmann, vice president of research and economics:

"... our latest subprime numbers are 14.4% delinquent by at least one payment, plus another 4.5% in foreclosure, for a total of 18.9% either delinquent or in foreclosure. For just subprime ARMs that number is 21.1% ..."



To: Broken_Clock who wrote (77832)5/18/2007 6:46:43 PM
From: Travis_BickleRead Replies (1) | Respond to of 306849
 
Maybe I'll finally get a chance to get out of that position.


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