Fannie Mae: delinquent loans dropping

Total serious single family delinquency declined slightly in March, but remained at distressed levels.

By , Guest blogger

  • close
    This chart shows the rate of seriously delinquent single family loans since 2003. Since peaking in 2010, the rate of delinquent loans has dropped considerably, but remains high.
    View Caption

The latest release of the Fannie Mae Monthly Summary indicated that total serious single family delinquency declined slightly in March while remaining at distressed levels.

In March, 2.93% of non-credit enhanced loans went seriously delinquent while the level was 8.35% of credit enhanced loans resulting in an overall total single family delinquency of 3.67%.

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.

Recommended: 10 best cities to buy short sale homes

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.

Share this story:
 
 
Make a Difference
Inspired? Here are some ways to make a difference on this issue.
Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.
 

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...