CHART OF THE DAY: Subprime Delinquencies Continue To Soar

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The latest data out of the Officer of the Comptroller of the Currency is not promising. Seriously delinquent mortgages increased in every category in Q3. Regular prime mortgages haven’t exploded higher, but good old fashioned subprime and alt-A continue to blast to new heights.

chart of the day, Seriously Delinquent Mortgages

 

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