Mortgage Default Rates Decline, Driving Consumer Credit Default Index Down
DS News, Oct. 20, 2015–Honea, Brian
The composite consumer credit default index tumbled by seven basis points from August to September, driven by substantial declines in both the first and second mortgage default rates, according to S&P Dow Jones Indices and S&P/Experian Consumer Credit Default Indices for September 2015 released Tuesday.
