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Economy Watch - Is Delinquency Forever? Mostly, Says Fitch PDF Print E-mail
Tuesday, 01 September 2009 10:10
The next big concern about the housing market might the concept of delinquency cure rates, according to a new study by Fitch Ratings. The cure rate is the percentage of delinquent prime loans returning to a current payment status each month, and for most of this decade (2000 to 2006), the rate averaged about 45 percent.




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