Relevant:
- Subprime Delinquencies Drop Again as CDS Prices Return to 2008 Levels
- Countrywide Sees Production Drop 40 Percent in November; Delinquencies Jump
- Fannie, Freddie Single-Family Home Delinquencies Continue to Rise
- Americans now Hold Over $4.1 Trillion in Consumer Debt: Last Debt Bubble Peak was at $2.5 Trillion.
- American Express Delinquencies Hit 4.4%, Defaults 6.96%
2016-09-07 — theeconomiccollapseblog.com
``Already, auto loan delinquencies are rising to very frightening levels. In July, 60 day subprime loan delinquencies were up 13 percent on a month-over-month basis and were up 17 percent compared to the same month last year. Prime delinquencies were up 12 percent on a month-over-month basis and were up 21 percent compared to the same month last year.''
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