Anna Helhoski

Now, government loans like VA and FHA loans are available for people who most need it, including first-time homebuyers, seniors who own their homes, and people who are buying manufactured homes. All of those borrowers tend to have lower incomes or little savings for a down payment, and that means that they're less insulated from financial shocks.

The MBA report also says that more serious delinquencies, those at risk of default, are rising more with government loans than conventional as well.

The MBA report also says that more serious delinquencies, those at risk of default, are rising more with government loans than conventional as well.

The MBA report also says that more serious delinquencies, those at risk of default, are rising more with government loans than conventional as well.

It did. The NBA cited, once again, a perfect storm of pressures from inflation, lower personal savings, consumer debt, and higher taxes and insurance, among other factors.

It did. The NBA cited, once again, a perfect storm of pressures from inflation, lower personal savings, consumer debt, and higher taxes and insurance, among other factors.

It did. The NBA cited, once again, a perfect storm of pressures from inflation, lower personal savings, consumer debt, and higher taxes and insurance, among other factors.

Yeah, there have been some developments indeed, Sean. Student loan borrowers had a five-year respite from penalties if they didn't make payments. But now the federal government is ready to collect. Now, let's back up. In March 2020, student loan payments went on hiatus and didn't restart until October 2023. But the government continued to pause collections on unpaid bills.

Yeah, there have been some developments indeed, Sean. Student loan borrowers had a five-year respite from penalties if they didn't make payments. But now the federal government is ready to collect. Now, let's back up. In March 2020, student loan payments went on hiatus and didn't restart until October 2023. But the government continued to pause collections on unpaid bills.

Yeah, there have been some developments indeed, Sean. Student loan borrowers had a five-year respite from penalties if they didn't make payments. But now the federal government is ready to collect. Now, let's back up. In March 2020, student loan payments went on hiatus and didn't restart until October 2023. But the government continued to pause collections on unpaid bills.

But beginning in January of this year, federal student loan servicers, those are the companies that manage federal student loans, began reporting late payments to credit bureaus. The Education Department says that more than 5 million borrowers are in default, while 4 million are in late-stage delinquency.

But beginning in January of this year, federal student loan servicers, those are the companies that manage federal student loans, began reporting late payments to credit bureaus. The Education Department says that more than 5 million borrowers are in default, while 4 million are in late-stage delinquency.

But beginning in January of this year, federal student loan servicers, those are the companies that manage federal student loans, began reporting late payments to credit bureaus. The Education Department says that more than 5 million borrowers are in default, while 4 million are in late-stage delinquency.

The Federal Reserve Bank of New York projects that more than 9 million people will be reported to credit bureaus for late payments by the end of June. Now, here's the most recent bad news. Beginning May 5th, the Education Department is going to start involuntary collection. Which means student loan borrowers in default will see tax refunds and even Social Security payments reduced or withheld.

The Federal Reserve Bank of New York projects that more than 9 million people will be reported to credit bureaus for late payments by the end of June. Now, here's the most recent bad news. Beginning May 5th, the Education Department is going to start involuntary collection. Which means student loan borrowers in default will see tax refunds and even Social Security payments reduced or withheld.

The Federal Reserve Bank of New York projects that more than 9 million people will be reported to credit bureaus for late payments by the end of June. Now, here's the most recent bad news. Beginning May 5th, the Education Department is going to start involuntary collection. Which means student loan borrowers in default will see tax refunds and even Social Security payments reduced or withheld.

And beginning the summer, could see their wages garnished if they don't catch up with past payments due.

And beginning the summer, could see their wages garnished if they don't catch up with past payments due.

And beginning the summer, could see their wages garnished if they don't catch up with past payments due.

Some recent data from Fitch Ratings shows auto loan delinquencies are up to their highest rate in decades. And as we might expect, those with prime borrower scores are doing better than subprime. Now, that means that borrowers with higher credit scores aren't delinquent on their debts as much as those with lower scores. That's a pretty common trend when delinquencies rise.