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NY Fed Q3 Survey: Q3 total US debt up USD 334bln to USD 19.1tln and Q3 mortgage debt climbs USD 257bln to USD 13.4tln
ORIGINAL · NewsquawkNY Fed Q3 Survey: Q3 total US debt up USD 334bln to USD 19.1tln and Q3 mortgage debt climbs USD 257bln to USD 13.4tlnRead originalHide original
Slightly higher troubled debt levels in Q3. Housing credit quality remains robust. Q3 share of student loans 90 days or more past due little changed at 10.9%.
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The item reports Q3 increases in total and mortgage debt, slightly higher troubled debt, robust housing credit quality, and a little-changed 10.9% student-loan delinquency share.
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Slightly higher troubled debt levels in Q3. Housing credit quality remains robust. Q3 share of student loans 90 days or more past due little changed at 10.9%.
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