Subprime Delinquencies See ‘Positive Shift,’ RBS Says (Update1)

Subprime Delinquencies See ‘Positive Shift,’ RBS Says (Update1)
June 10 (Bloomberg) — The proportion of U.S. homeowners turning delinquent on mortgages backing the securities that roiled the global financial system has tumbled in the past three months, even after accounting for a typical seasonal improvement, according to RBS Securities Inc.

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