The End is Near! Debtors Have Stopped Paying on their Mobile-Home Loans

People have stopped paying their mobile-home loans, and it’s a warning sign for the economy Delinquencies on mobile-home loans have increased by 2 percentage points over the past year, according to research cited by UBS. The rising delinquency rate, combined with signs of stress in other areas of the consumer-finance market, suggests there’s a two-speed … Read more