B&C News Briefs Æ Lenders should expect default rates on the current batch of subprime loans to run “significantly higher” than the average for an identical loan made five years ago, a new report by consulting firm University Financial Associates suggests. UFA said its Non-Prime Default Risk index slipped a point – to 99 – from last quarter, reflecting the fact that rates have generally stopped falling. Overall, the index has risen 10 percent since