Of course, this is also playing out against a backdrop of declining spending and rising delinquencies.
At the same time, issuers are still dealing with credit-card delinquencies that remain above historical levels.
However delinquencies remained at historically low standards, even as the percentage of subprime loans increased.
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Delinquencies at Capital One have started to increase after falling for most part of 2011.
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We need Federal subsidies to stem mortgage delinquencies, dropping the cost to carry home loans.
Martin says most of these locales still have incredibly high rates of mortgage delinquencies.
After all, the company has an unparalleled database of student loan payment behavior, vital in predicting delinquencies.
The company says it saw improvements in delinquencies and losses, and impairments declined from the previous quarter.
The big jump was attributed to credit deterioration, mostly delinquencies in its 2006 and 2007 loan portfolio.
During that time, federal student loan delinquencies rose 27%, while private loan delinquency rates actually dropped 2%.
Prime loan delinquencies were 2.57%, up from 2.44% in the third quarter, according to the Mortgage Bankers Association.
Default rates and delinquencies dropped once again in August for most of the major credit card issuers.
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Issuers of private-label cards, stung by high delinquencies and defaults, pulled back sharply due to the financial crisis.
With interest rates rising, revenue from mortgage lending will come under pressure and customer account delinquencies could rise.
It was also the first time 60-day delinquencies increased year-over-year since the fourth quarter of 2009, Experian said.
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America's families are bearing a heavy burden from falling housing prices, mortgage delinquencies, foreclosures and a weak economy.
The Obama administration should work with the SBA to help lenders better police loan delinquencies in their own backyards.
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Delinquencies are now at their lowest points since the financial crash in 2008.
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Like the broader credit-card industry, delinquencies on store-brand or private-label cards are slowing.
What could be causing this drop in delinquencies and overall credit card debt?
And since rising delinquencies are an industry-wide problem, the other major credit card issuers are acting the same way.
Credit card delinquencies of 10.9 percent are at their lowest level since 2008.
The number of serious delinquencies, defined as loans that are 90 days overdue or in foreclosure, is also rising.
I'm also directing the IRS to conduct a review of the overall accuracy of companies' claims about tax delinquencies.
But as mortgage delinquencies ballooned, Goldman's marks were shown to be more accurate than those of the other big houses.
In the past the IRS refused to recognize very real taxpayer obligations to pay student loans and state tax delinquencies.
The Mortgage Bankers Association said Tuesday that subprime delinquencies rose to 13.3% in the fourth quarter from 12.5% in the third.
And the result is what we have today - more people defaulting on their credit cards and delinquencies rising as well.
Banco Santander, for example, essentially came to Sovereign's rescue because the latter was hemorrhaging money over its exposure to mortgage delinquencies.
Stable house prices would do wonders in reducing loan delinquencies, shoring up the banks' balance-sheets and restoring the flow of credit.
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