The ABX remittance reports for the month of September showed that 60+ delinquencies are still increasing, but at slightly slower rates.

According to a Merrill Lynch report, the increasing delinquencies for the ABX indices was expected as indicated by the roll rates and the 30-59 and 60-89 day delinquency pipelines. The 06-2 has the smallest change in 60+ days DQ from the previous month, a 0.34% increase.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.