To: cinives
recorded delinquencies of 3.68 percent in subprime, 2.13 percent in non-prime, and 0.81 percent in prime.IIRC that is actually less than most lenders now and pretty close to typical expectations. That's delinquencies, not defaults.
13 posted on
08/09/2007 6:46:09 AM PDT by
RockinRight
(Fred's Campaign: A hell of an opening, coast for a while, and then have a hell of a close.)
To: RockinRight
Maybe slightly higher than normal, but it’s nothing like a “meltdown”.
22 posted on
08/09/2007 6:50:30 AM PDT by
cinives
(On some planets what I do is considered normal.)
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