Banks Report higher home equity delinquencies

Date Delinquency Rate

4th Qtr '02 1.64%

3rd Qtr '02 1.38%

2nd Qtr '02 1.38%

1st Qtr '02 1.27%

Source: American Bankers Association. Note: The ABA reported that late payments on home equity lines of credit, at 0.56% in the fourth quarter, actually declined slightly from the third.

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