$728 million in subprime vintage debt just hit secondary market

S&P: 46 months to clear shadow inventory FHA to deny mortgage backing for credit disputes above $1,000 Consumers cannot qualify for a FHA Loan if they have credit disputes on non-medical collection accounts if the total of the outstanding balances is higher than $1,000; Consequences And Risks On How To Remove credit disputes. fha does not require you to pay off outstanding collection accounts to qualify for a FHA Loan.The values for Properties for Sale and Shadow Inventory are presented in both text and graphical. MONTH S SUPPLY OF INVENTORY: The number of months it would take to sell all. 46 5.4 17.7% $643,417 $655,000 $496 3984 4891 18,151 39 4.6 26.9% $655,115 $650,000

The latest just released Quarterly Report on Household Debt and Credit from the New York Fed showed a small increase in overall debt in the third quarter of 2016, prompted by gains in non-housing debt, and new all time highs in student loans which hit $1.279 trillion, rising $20 billion in the quarter.11.0% of aggregate student loan debt was 90+ days delinquent or in default at the end of 2016 Q3.