You Searched For "delinquencies" and got 20 results
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2 mins read
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
More credit card debt and car loans transitioned into late payment status last quarter, per the New…
Jennifer Sor
1 min read
Office properties lead surge in commercial real estate delinquency rates
Delinquency rates on loans backed by office properties jumped to 6.5% of balances in the fourth qua…
Aruni Soni
3 mins read
Consumption loans take a breather in July-September 2023 period, even as delinquencies rise
India’s retail loan growth moderated in the second quarter of FY24, especially in consumption-led s…
2 mins read
Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL
India's retail credit market has continued to experience sustained growth in the second quarter o…
4 mins read
MSMEs on a growth path with rise in credit demand, fall in delinquency rates: CIBIL-SIDBI report
Credit demand grew at 1.29 times YoY in the quarter ending September 2022. MSME lending continues …
1 min read
The surge in credit card delinquencies might be a 'harbinger' of a coming recession, Wells Fargo says
"Our outlook remains for a short, moderate recession and then recovery for most of 2024 and likely …
Jennifer Sor
1 min read
Office loans just hit a 5% delinquency rate – a 20-month high – as WFH and rate rises pile more pressure on commercial real estate
Borrowers are struggling to repay under tighter financial conditions and waning demand for office s…
Joseph Wilkins
2 mins read
Cutting off student-loan relief in September could cause borrowers to fall behind on payments at a rate that could 'reach or even surpass' pre-pandemic levels, NY Fed study finds
The NY Fed also found student-loan borrowers with other forms of debt, like credit card or mortgage…
Ayelet Sheffey
2 mins read
15 million student-loan borrowers have at least one of 5 big risk factors that could lead them down 'a difficult road' once payments resume, Biden's top consumer watchdog says
From student-loan company changes to a "record number" of borrowers entering repayment at once, the…
Ayelet Sheffey
2 mins read
A growing number of car buyers have loans worth more than their vehicles — and experts are worried about a surge of delinquencies
Rising interest rates and declining used cars prices have left an increasing number of customers up…
Bianca Giacobone
2 mins read
Mortgage delinquencies surge more than 8% to a 9-year high as the coronavirus pandemic hits a corner of the housing market
"The COVID-19 pandemic's effects on some homeowners' ability to make their mortgage payments could …
Carmen Reinicke
2 mins read
Delinquent mortgages spike to the highest level in 21 years as COVID-19 stress freezes payments
As of April, 6.1% of home mortgages were in some stage of delinquency, with the biggest increases c…
Matthew Fox
2 mins read
Home mortgage delinquencies spiked a record amount in April
The record jump in delinquencies is nearly three times the previous single-month record set in 2008…
Carmen Reinicke
2 mins read
Student-loan companies will scramble to adjust and some borrowers could fall into delinquency if Biden extends the payment pause on 'grossly insufficient notice', servicing group says
The Student Loan Servicing Alliance wrote that borrowers will be "caught massively off guard" if pa…
Ayelet Sheffey
2 mins read
Miami and New York top the US in mortgage delinquencies as rates rise in all 50 states
Miami leads the US in mortgage delinquencies for the top 10 metropolitan areas, with New York and L…
Barbara Smith
2 mins read
The president of Emirates says the 5G rollout that led to flights being canceled is 'one of the most delinquent, utterly irresponsible' situations he's witnessed
Airlines including Emirates and Air India canceled flights over 5G safety concerns, though Verizon …
Grace Dean
2 mins read
US home-mortgage delinquencies surge to the highest level in 9 years
While the jump in delinquencies was less than the record spike in April, uncertainty looms for many…
Carmen Reinicke
2 mins read
Trump says Germany is 'delinquent' as he announces plan to withdraw 9,500 troops from the country
Donald Trump says he is withdrawing 9,500 US troops from Germany because the country is 'delinquent…
Thomas Colson
2 mins read
COVID-19 pandemic to add Rs 1.67 lakh cr to corporate delinquencies by FY22: Report
Concerns over banks' asset quality have been repeatedly expressed since the onset of the pandemic e…
PTI
3 mins read
UBS: Nearly $1 trillion in mortgage debt could be delinquent this year as a 'prolonged credit crunch' looms
Private-sector lenders will face smaller losses due to government collateral, but defaults and lend…