Subprime delinquencies have declined, RBS analysts say

06/10/2010 | Bloomberg

A lower percentage of borrowers have become delinquent on their subprime-mortgage loans over the past three months, analysts at RBS Securities said. "We believe that the last few months' performance points to a fundamentally positive shift in borrower behavior," RBS analysts wrote, adding that the change could make bonds linked to the loans more attractive.

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