First it was the subprime loans that were causing problems for lenders. They were followed by the alt A loans. What is the latest problem child for lender is the formerly known as "insulated" prime jumbo loans: [Parenthetical comments are by author "Tradermark", not me.] Rising defaults by affluent homeowners are raising the specter of another cloud over banks and investors, which could get stuck with thousands of expensive homes. About 6.9% of prime "jumbo" loans were at least 90 days delinquent in December, according to LPS Applied Analytics, a mortgage-data research firm. The rate was up sharply from…
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