Delinquencies in credit cards may lead to more defaults

Fannie, Freddie Single-Family Home Delinquencies Continue to Rise

Fannie Mae said the delinquency rate on loans in its single-family guarantee business rose 0.28 percentage points to 4.45 percent in August, the latest month Fannie has data for, well above 1.57 percent in August 2008.

http://snipurl.com/t28lz



Delinquencies in credit cards may lead to more defaults

According to Fitch Ratings, the number of credit cards that were 60 days or more late increased to 4.22 percent in October after seeing a drop the month before.

http://snipurl.com/t28m2


From Information Clearing House



http://freepage.twoday.net/search?q=Fannie+Mae
http://freepage.twoday.net/search?q=Freddie+Mac
http://freepage.twoday.net/search?q=credit+cards
http://freepage.twoday.net/search?q=delinquenc

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