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Aussie Loans Remain Stable.(Australian residential mortgages)(Brief Article)

Mortgage Servicing News

| May 01, 2002 | COPYRIGHT 2002 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Delinquency levels in Australian residential mortgages remained unchanged in the most recent performance index results available from Standard & Poor's at press time.

S&P's Australian Mortgage Performance Index, which measures securitized Australian and New Zealand mortgage loans more than 30 days delinquent, remained at 0.90% in December 2001.

Chris Dalton, a managing director at S&P, said that the stability shows that ...

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Source: HighBeam Research, Aussie Loans Remain Stable.(Australian residential mortgages)(Brief...

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