Nirmal Bang Securities Pvt. Ltd. - Daily Report 220909

equityresearch

Equity Research
High US unemployment keeps pushing up the rate of mortgage
delinquencies, which could in turn drive personal bankruptcies and
home foreclosures, monthly data from the Equifax Inc credit bureau
showed on Monday. Among US homeowners with mortgages, a
record 7.58% were at least 30 days late on payments in August, up
from 7.32% in July.

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