New York Fed says household debt falls in 1Q'13 to corresponding 2006 level.

BREAKING NEWS : 

#New York Fed says household debt falls in 1Q'13 to corresponding 2006 level.

#New York Fed says household debt fell -1% to $11.2T; delinquency rates fell "across the board."

#New York Fed says mortgage debt fell to $7.93T, student debt rose to record high $986B.