(Reuters) - "Although the vast majority of Alt-A borrowers are making
regular payments on their mortgage loans, there are strong--and
growing--indications of deteriorating performance in the 2006
vintage," S&P said.
The rating agency said the percentage of Alt-A loans that
are 90 or more days delinquent in 2006 is 2.5 times higher than
the previous year's figure and more than 4 times that of 2004.
Read more at Reuters.com Bonds News
regular payments on their mortgage loans, there are strong--and
growing--indications of deteriorating performance in the 2006
vintage," S&P said.
The rating agency said the percentage of Alt-A loans that
are 90 or more days delinquent in 2006 is 2.5 times higher than
the previous year's figure and more than 4 times that of 2004.
Read more at Reuters.com Bonds News
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