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Cody Bellah's Blog

Consumer Defaults Down Again in July, Second Mortgages Increase
Updated Oct. 9, 2013
Default rates for most types of consumer loans continued to ease during July according to the S&P/Experian Consumer Credit Default Indices released on Tuesday. Only second mortgages increased from June levels and those were up only marginally from .73 percent to .75 percent. First mortgage defaults were...

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