While Fitch does not anticipate that the default
rate will rise above its long-term average of 5.
In its study, Equifax linked anonymous borrower credit information to CoreLogic loan-level, mortgage-backed securities data to measure default
distance at every point in the life of all non-agency securitized loans.
In the US, the speculative-grade default
rate dropped from 9.
rate forecasting model now predicts, under the baseline scenario, that the European speculative-grade default
rate will ease to 2.
Most of the loans that went into default
in the 2006 fourth quarter were made from January 2005 to February 2006.
In all events, Madison argued, it could not have waived Bentley's monetary default
because the lease contained a non-waiver provision.
Thigpen was able to get the default
judgment set aside--not canceled--on grounds of excusable neglect and mistaken identity, thereby blocking the wage garnishment until the mother and child settled the question once and for all by checking their DNA against Pierce's.
For example, since the database only covers defaults
that occurred since 1980, bonds issued in 1978 that defaulted
in 1979 would not appear, resulting in a lower than actual cumulative default
rate for that year.
Students who default
because they don't have the money needn't worry about IRS persecution: The income-contingent option protects them.
3 billion in bond defaults
in the first nine months of 2009.
the speculative-grade default
rate ended the fourth quarter of 2009 at 13.
Subguard programs are insurance policies purchased by construction managers that, according to policy terms, obligate the insurance company to reimburse the construction manager for costs incurred because of subcontractor default
At the end of the third-quarter foreclosure activity, as measured by notices of default
, was at its lowest level since this record-keeping began in 1992, Karevoll said.
TCC") a wholly owned California limited partnership, has cured the previously announced technical default
on a $1.
Fitch expects the rate of defaults
to increase consistent with the levels of defaults
in the last six months.