It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

So how about them loan delinquency rates, anyway?

page: 1
4

log in

join
share:

posted on Aug, 4 2009 @ 10:56 PM
link   
If this was Pud Kaplan's long-defunct "FC" board (of which I must confess I was once a dire addict), I'd prefice this chart with the single "chuckling smiley" emoticon image. But since this board seems to find such koan-linke Zen implicity out of place, I suppose I must add something. So: People are sufferin'. They ain't pain their loans back. (all of a sudden). Relatively horizontal lines on scary charts suddenly start looking a lot more vertical.



[edit on 8/4/09 by silent thunder]




posted on Aug, 4 2009 @ 11:10 PM
link   
I can't get the image the way I want!!!! arrrrgh!

I AM NOT A COMPUTER PERSON.

If the chart was formatted correctly all those lines would suddenly go parabolic...now. at the extreme right-hand of the chart.



posted on Aug, 4 2009 @ 11:17 PM
link   
How bout that, buddy?




It looked a lot better when we couldn't see the right hand side.



[edit on 4-8-2009 by KSPigpen]



posted on Aug, 5 2009 @ 12:26 AM
link   
Parabolic is an understatement!


Just eye-balling it, I'm guessing that the second-derivative ain't too pretty either.



posted on Aug, 5 2009 @ 12:44 AM
link   
reply to post by KSPigpen
 


Well thanks for getting the pic right.. but I think that was something no one wanted to see..


120% increase since March 09, damn ..

Someone used to post a weekly update for delinquencies and other real estate information .. I forget who it was, but they stopped.

Perhaps they should start it up, who ever you were.



posted on Aug, 5 2009 @ 12:49 AM
link   
Where did you get that chart? Could you please share the link?

I could really use that to shut up someone I'm in a debate with on Twitter

They actually are trying to convince me that 87% of mortgages are performing.

Bwaaaahaaaahaaaa



posted on Aug, 5 2009 @ 12:49 AM
link   
reply to post by redhatty
 


So tell me Red..

How do you debate someone when the most you can write is 2 sentences?


By the way:


They actually are trying to convince me that 87% of mortgages are performing.


I would still consider 13% delinquent rate to be ... more than high?

[edit on 8/5/2009 by Rockpuck]



posted on Aug, 5 2009 @ 12:54 AM
link   
reply to post by Rockpuck
 



you're right. I don't know much about this stuff, but i read in the paper last week that the delinquincy rate up here in alberta is 1 in 200 on mortgages. what is that, like .5 percent? I'm not a mathematician but 87% doesn't seem like it's doing too well.



posted on Aug, 5 2009 @ 12:58 AM
link   
reply to post by heyo
 


Indeed, and according to the graph approx 94.5% are preforming.



posted on Aug, 5 2009 @ 01:00 AM
link   
reply to post by Rockpuck
 


You get very creative in 150 characters or less LOL

Link shorteners are a necessity!!!

yeah 13% is too high, but I am pretty sure that the real numbers are even higher.

this particular person is arguing that since 87% are doing fine, that there really is no problem.

Pictures can say more than I can in 150 characters LOL

ETA: Wonder how the 9% of delinquencies that have had "cramdown" conversions have affected that chart

[edit on 8/5/09 by redhatty]



posted on Aug, 5 2009 @ 03:38 AM
link   
Here's the document it came from:
www.scribd.com...

Commercial Real Estate outlook Q1 2009
Richard Parkus
Head of CMBS Research
Deutsche Bank
3 March 2009



posted on Aug, 5 2009 @ 11:11 AM
link   
reply to post by Dbriefed
 


Thanks Dbriefed!

Bookmarked that one



posted on Aug, 5 2009 @ 01:19 PM
link   
I read somewhere, I think it was WSJ, that they are manipulating the numbers by not actually calling foreclosure for what it is. In California and several other states they take back the property and then let the default parties stay in the homes and renting the homes to them. The property is now and asset instead of a liability on their balance sheet! Even if its just 2% of the homes being used like this it will skew the loss/gain index and all the info used to calculate these graphs. It paints a false rosier picture for the administration to run on in 2010 and 2012!

Zindo



[edit on 8/5/2009 by ZindoDoone]



new topics

top topics



 
4

log in

join