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Viewpoint: IndyMac to Cease Reporting Raw Delinquency Statistics, but Why? 

Mar 26, 2008By

Calling so-called raw delinquency statistics “meaningless and misleading,” IndyMac chairman and CEO Mike Perry said late last week that the thrift — which lost $509 million in the fourth quarter and suspended its dividend amid increasing borrower delinquencies — would cease reporting them, as it looked to shift its reporting to so-called static-pool data.

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