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I did not know at the time that there was a study at the Dallas Federal Reserve, Why Texas Feels Less Subprime Stress than U.S., that also came to the same conclusion...But the Dallas Fed seems to be concluding that Texas' regulations succeeded in reducing the incidence of default.
In this time of ever-shrinking yields on below-investment-grade issues, it's still of interest to see the relative incidence of default by rating categories in order to evaluate the risk/reward ratio.
The cumulative incidence of default from treatment is presented in Figure 3.
The cumulative incidence of default at six months was 17.9% in the intermittent ATT group and 18.9% in the daily ATT group (P value = 0.735).
To avoid an overestimation, the cumulative incidence of default from treatment was estimated using the "stcompet" command in Stata taking mortality as a competing risk [ 35, 36].
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Thornburg, though, avoided subprime lending, which has the highest incidence of defaults.
"Incidence of defaults will likely be incremental but controlled," he said, naming metals and mining, shipbuilding and materials as key default risks.
The rising incidence of delinquencies and defaults has cast a spotlight on the special servicers, who are chosen by the investors who hold the riskiest bonds, and, in most cases, are part of the same firm.
Housing Crisis High unemployment rates are associated with an increased incidence of mortgage loan defaults.
Among the defaulters, incidence of disability was 0.43 in early default and 0.41 in late default.
However, by applying the very strict definition of TB, the incidence of active TB may have been underestimated because of default and early mortality.
More suggestions(16)
prevalence of default
frequency of default
incidence of deficiency
incidence of bankruptcy
incidence of failure
incidence of defect
incidence of predefined
incidence of deficits
incidence of cough
incidence of injury
incidence of hypertension
incidence of re-engagement
incidence of colon
incidence of melanoma
incidence of skin
incidence of glaucoma
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