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were delinquent
adjective
Late or failing to pay a debt or other financial obligation, like a mortgage or loan.
Exact(60)
After eight months, 58percentt were delinquent again.
Nearly two-thirds of the condo loans were delinquent, according to the nonprofit group's records.
But last year, more than 16percentt of subprime mortgages were delinquent or in foreclosure.
Some 23.9percentt of its subprime loans were delinquent, up from 16.9percentt, it said.
Almost 14percentt of subprime borrowers were delinquent in the first quarter of 2007.
Last year, the company's language in public filings implied that all past-due loans were delinquent.
By early 2009 9% of residential mortgages, worth nearly $900 billion, were delinquent.
Two years ago, barely 1 percent of such loans were delinquent.
Moreover, the company said less than 1 percent of its loans were delinquent.
According to the report, 4.95percentt of all home mortgages were delinquent, meaning they were at least 30 days late.
Carr said he worried that taxpayers weren't getting their tax statements — let alone warnings that they were delinquent.
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