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Recovery for U.S. Bank Loan Delinquencies Stalls: According to Trepp LLC

DSNEWS - Carrie Bay - Apr 28, 2011

The recovery in delinquency rates that began in the second quarter of 2010 appears to have stalled, according to the research firm Trepp LLC, with delinquency rates for the major real estate loan types declining only slightly in some categories and increasing in others during the first three months of this year.

Matt Anderson, managing director at Trepp, says the poor showing in delinquency stats expected across the board for the first quarter “underscores the fact that markets have not yet truly recovered and also reflects anemic growth for both residential and commercial real estate.”

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