Delinquent home loans increase
In January, 3.08 percent of non-credit enhanced loans went seriously delinquent.
Writer, The PaperEconomy Blog
'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.
Subscribe Today to the Monitor
In January, 3.08% of non-credit enhanced loans went seriously delinquent while the level was 9.03% of credit enhanced loans resulting in an overall total single family delinquency of 3.90%.
The following charts (click for larger ultra-dynamic and surf-able chart) show what Fannie Mae terms the count of “Seriously Delinquent” loans as a percentage of all loans on their books.
It’s important to understand that Fannie Mae does NOT segregate foreclosures from delinquent loans when reporting these numbers.
The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on paper-money.blogspot.com.
- How a manicurist helped solve a sea-turtle mystery
- 'Ukraine is game to you?' It shouldn't be.
- Facebook drones? Report says yes. (+video)
- Neil deGrasse Tyson to host new 'Cosmos,' 34 ye...
- Ukraine crisis: Could US energy save Ukraine?
- Huge, amoeba-infecting virus unleashed from Sib...
- Which country reads most? (Hint: It's not the US)
- PMAD promo
- 10 best books of March: the Monitor's picks
- Are we close to cheaper cleaner methanol?
- Ukraine crisis: Would Putin shut off gas again?
- Global warming disrupts ocean dynamics in Antar...