BofA's (BAC) Lewis Said Delinquency Rates Going Up, But Sees Signs Early Delinquencies Abating
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In a CNBC interview, Bank of America's (NYSE: BAC) CEO Ken Lewis said delinquency rates are going up, but he has seen signs that early delinquencies on some products, like auto loans, are abating. He said he can't call it a trend, but notes this would be a major positive.
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