[Nervous Tick]

>> Delinquencies as a recession signal: Rising default rates among lower-income borrowers often show stress before it hits the broader market.

I’ll bet a significant number of these are “No puedo ir a trabajar por la inmigración.” ;-)

[SPDSHDW]

I will hazard a guess that they cannot qualify for financing due to their lack of paperwork, and usually buy cash out.

[CodeToad]

“I’ll bet a significant number of these are “No puedo ir a trabajar por la inmigración.” ;-)”

Bingo!