Reuters: Subprime delinquencies spike as jobless climbs

[NaDiNe]

Subprime delinquencies spike as jobless climbs
      

NEW YORK (Reuters) - Delinquencies on U.S. subprime mortgage securities, auto loans and credit cards are soaring as job losses engulf borrowers who had navigated the credit crunch, threatening to worsen the global credit crisis.</p><div class="feedflare">
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