Subprime Delinquencies Declined for the First Time in Nearly Four Years, Fitch

Subprime Delinquencies Declined for the First Time in Nearly Four Years, Fitch – Delinquencies involving subprime loans declined for the first time in nearly four years, according to Fitch Ratings. Subprime RMBS delinquencies eased to 46.3% in March from 46.9% a month earlier, Fitch said, but remained well above the 39.8% posted in the prior-year period. Subprime RMBS delinquencies have been rising for more than three and a half years from a low of 6.2% in June 2006 – DJ