Only 2.3% of the homeowners with a Clayton mortgage are 30 days delinquent, roughly half the delinquency rate at Oakwood.
Right now, 3.1percentt of Freddie Mac loans are seriously delinquent, and Fannie's seriously delinquency rate is an even higher 4.2percentt, Mr. DeMarco testified.
Roughly 36percentt of Nelnet's borrowers are delinquent -- giving it the highest delinquency rate of any department contractor.
That is the lowest delinquency rate since 1994.
The delinquency rate has fallen below 1percentt.
The delinquency rate for subprime mortgage loans rose to 13.3%.
Its 3.34percentt delinquency rate is well below the 14.54 percent on subprime loans nationwide.
The largest credit card company, LG Card, had a delinquency rate of 11.7percentt.
And the delinquency rate for subprime mortgages was 9.83percentt, down from 12.28 percent.
The delinquency rate on F.H.A. loans was 14percentt in the second quarter.
In New York, the delinquency rate is roughly 5percentt of the 29,382 option ARMs.
