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In its letter, the bank said it "disagrees with allegations" related to the remaining borrowers.
Servicers must also improve outreach to those remaining borrowers who have submitted incomplete documents.
Researchers from the Center for Global Development expect that the IDA's collection of eligible borrowing countries will decrease by half by the year 2025 (marking the 65th anniversary of the association's establishment) due to graduations and that remaining borrowers will consist primarily of African countries and will face substantial population declines.
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The remaining 195,000 borrowers received loan modifications.
On Mr Koizumi's watch, regulators have pressed the banks, at least the biggest ones, to abandon their remaining deadbeat borrowers.
Governments have remained eager borrowers, too.The result is an imbalance.
If short-term interest rates rise from their current level of about 5.35percentto11percentcent and remain there, borrowers with a $400,000 loan will pay off the loan in 29 years, but they will pay nearly $500,000 more in interest than someone with a 30-year loan and a 6percentt fixed-interest rate.
The department's six smaller contractors fight over the remaining 26percentt of borrowers.
The biggest banks already have adequate data, and are learning how to plug the remaining gaps (by studying borrowers' equity prices, for instance).Under a model-based regime, the regulators' role would be to approve each bank's credit-risk model, and to make sure that the models' recommendations were being acted upon.
Spouses and families should help prepare or revise estate plans to address current credit issues and create an action plan for the possibility of remaining debt after the borrower dies.
Many borrowers remain deeply indebted, however.
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