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Higher small business ABS delinquencies seen in 1H 2007

U.S. small business loan ABS will likely undergo higher delinquencies for the first half of 2007, because of shifting economic conditions and credit concerns.

Specifically, securitizations of unguaranteed portions of Small Business Association (SBA) loans averaged 7.07% from January 1999 and October 2006, about 4.1 times more than the...

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