AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/coms2/summary_0286-10431831_ITM" title="Facts and information about Seasoning Blamed For Record HEL Delinquency Rate.(Brief Article)">Seasoning Blamed For Record HEL Delinquency Rate.(Brief Article)</a>
Close
Set up an RSS feed that alerts you when new articles from Mortgage Servicing News are available.
Frequently asked questions about RSS feeds
Seasoning Blamed For Record HEL Delinquency Rate.(Brief Article)
Serious delinquencies in securitized pools of home equity loans rose to their highest level ever in the fourth quarter of last year, providing further evidence that loan problems are mounting.
Serious delinquencies in home equity pools accounted for 9.24% of outstanding debt at the end of last year, according to Moody's Home Equity Index.
That's 20% higher than the level reported at the end of June 2000, Moody's said.
"We expect the increase in delinquencies to translate into higher charge-offs during the first half of 2001, as the delinquent loans move through the various loss mitigation stages," Moody's analyst Henry Engelken said.
However, he said the larger percentage of problem loans late last year "isn't a cause ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- Moody's: despite HEtTrouble spots, serious delinquency rate remains low.(home...
- Magazine article from: Mortgage Servicing News October 1, 2003 700+ words
...The charge-off rate in Moody's Home Equity Index Composite hovered at 1...loans, according to the Moody's home equity index composite. But the analysts...refinance easily. The Moody's Home Equity Index Composite consists of securities...
- Collection: Moody's Sees Delinquencies Rising on Home Equity Loan...
- Magazine article from: Mortgage Servicing News March 1, 2001 700+ words
...early loan performance data. Moody's Home Equity Index indicated that the level...income ratios exceeded 40%. Moody's said investors and other...the Year 2000 vintage. The Moody's home equity index comes on the heels of other...
- Moody's: HE Delinquency Trend Could Portend Beginning of Reversal.
- News wire article from: Mortgage Line Comtois, James February 21, 2006 700+ words
The latest Home Equity Index Composite, maintained by Moody's Investors Service, New York...year decline, according to Moody's and its most recent HEIC...month a year prior. According to Moody's, this trend could be early...
- MOODY'S, ICRA START MF INDEX (Moody's, Icra come up with indices for various...
- News wire article from: Asia Africa Intelligence Wire May 13, 2003 700+ words
...Insight) Global rating agency Moody's Investors Services has...to MF grading operations, Moody's and Icra have come up with indices for various funds. The Moody's- Icra indices performance...return. The composite return equity index showed a negative return primarily...
- Moody's: Jumbo and Home-Equity Performance Weakens.(Brief article)
- Magazine article from: Mortgage Servicing News September 1, 2007 700+ words
...268% in May 2006. However, Moody's notes the performance of...sector performance as tracked by Moody's U.S. Home Equity Index Composite for the June reporting...loans backing securities rated by Moody's.) (c) 2007 Mortgage Servicing...
- Moody's: HEL performance stable.(home equity loan )(Brief Article)
- Newspaper article from: Asset Securitization Report Pyburn, Allison August 15, 2005 700+ words
...chargeoff rates, according to Moody's Investors Service's Home Equity Index Composite. Rates of 60-plus...sector remained below 0.9%. Moody's attributes the historically...time last year, according to Moody's. (c) 2005 Asset Securitization...
- Moody's: HEL performance stable.
- News wire article from: The America's Intelligence Wire August 24, 2005 700+ words
...chargeoff rates, according to Moody's Investors Service's Home Equity Index Composite. Rates of 60-plus...sector remained below 0.9%. Moody's attributes the historically...time last year, according to Moody's. (c) 2005 Asset Securitization...
- Moody's HEIC Reflects Decline.
- Magazine article from: National Mortgage News August 13, 2007 700+ words
...YORK -- Performance in the home-equity sector deteriorated at the end of June, based on Moodys Investors Services home-equity index composite. The credit rating agency reports that the reading for loans delinquent for over 60 days, based on current balance...
- AmerUs Group to Discuss Equity Index Products Conference Call - Part 1.
- News wire article from: The America's Intelligence Wire September 30, 2003 700+ words
...gentlemen. Welcome to AmerUs Group's equity index, life insurance, and annuity products...on today's webcast to discuss our equity index product life. We're very pleased...company are aware, we've been selling equity index products for a number of years now...
- Equity index issuer pins slump on NASD; American Equity's 2Q sales plummeted by...
- Magazine article from: Investment News August 14, 2006 700+ words
...nation's third-largest seller of equity index annuities is pointing a finger at NASD...bounds'' by attempting to regulate equity index annuities. Last August, Washington...responsibility to supervise the sale of equity index annuities by their advisers, even though...
