Business, Legal & Accounting Glossary
A banking term used to describe a mortgage loan with overdue payments of 60 days or greater but less than 90 days, usually expressed as a percentage of a group of loans. This figure is used when analyzing loan portfolio performance, which produces a metric of a lender’s performance.
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Definitions for 60-Plus Delinquency are sourced/syndicated and enhanced from:
This glossary post was last updated: 19th November, 2021 | 0 Views.