Stats reveal mixed results for loan arrears – The Adviser
As read in The Adviser Australia’s mortgage arrears were stable in June for prime residential mortgage-backed securities (RMBS) and down for non-conforming securities. According to Standard & Poor’s performance index, 1.07 per cent of prime RMBS were in arrears for the month – unchanged from May – while non-conforming RMBS in arrears fell to 4.83 […]
