60-Plus Delinquency

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Definition: 60-Plus Delinquency

60-Plus Delinquency
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Full Definition of 60-Plus Delinquency

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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Page URL
https://payrollheaven.com/define/60-plus-delinquency/
Modern Language Association (MLA):
60-Plus Delinquency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 03, 2025 https://payrollheaven.com/define/60-plus-delinquency/.
Chicago Manual of Style (CMS):
60-Plus Delinquency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/60-plus-delinquency/ (accessed: March 03, 2025).
American Psychological Association (APA):
60-Plus Delinquency. PayrollHeaven.com. Retrieved March 03, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/60-plus-delinquency/

Definition Sources

Definitions for 60-Plus Delinquency are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.