{"id":570597,"date":"2010-05-19T11:25:28","date_gmt":"2010-05-19T15:25:28","guid":{"rendered":"http:\/\/www.calculatedriskblog.com\/2010\/05\/mba-q1-national-delinquency-survey.html"},"modified":"2010-05-19T11:25:28","modified_gmt":"2010-05-19T15:25:28","slug":"now-its-prime-mortgages-that-are-going-bust-right-and-left","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/570597","title":{"rendered":"Now It’s “Prime” Mortgages That Are Going Bust Right And Left"},"content":{"rendered":"

\"sinkinghouse.jpg\"<\/p>\n

On the MBA conference call concerning the “Q1 2010 National Delinquency Survey”, MBA Chief Economist Jay Brinkmann said this morning:<\/p>\n

\n
  • These are “extraordinary times” and the seasonal adjustment may be incorrect. The 90+ day delinquency bucket is very high and might not be seasonal. If that is backed out, delinquencies are “flat”.\n<\/li>\n
  • FHA foreclosure starts up sharply.\n<\/li>\n
  • “Shadow inventory” of 4.3 million loans<\/strong> that need to worked through (90 day delinquent or in foreclosure) – or they will become REOs or distressed sales.\n<\/li>\n
  • Prime fixed rate is now the key problem! <\/li>\n
  •   <\/li>\n
  • Keep reading at CR ><\/a><\/li>\n<\/div>\n

    Join the conversation about this story »<\/a><\/p>\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    On the MBA conference call concerning the “Q1 2010 National Delinquency Survey”, MBA Chief Economist Jay Brinkmann said this morning: These are “extraordinary times” and the seasonal adjustment may be incorrect. The 90+ day delinquency bucket is very high and might not be seasonal. If that is backed out, delinquencies are “flat”. FHA foreclosure starts […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-570597","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/570597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=570597"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/570597\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=570597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=570597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=570597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}