Monthly delinquencies have increased 1-3% on a relative basis for almost all vintages of fixed and adjustable-rate mortgage pools backing subprime, home equity asset-backed securities, Credit Suisse First Boston has reported.Delinquencies appeared relatively highest in the '00 vintage year, according to CSFB's October subprime home equity ABS tracker (HEAT) report produced by fixed income researchers Rod Dubitsky, Neil McPherson, Christopher Fenske and Jeff Zhang. The report said that "'96 and '97 vintages each decreased 1% , '98 remained relatively unchanged, while the '99 and '00 vintages increased 2% and 5% respectively."
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