Fannie Mae delinquencies down in July

All measures of single family delinquency continued to decline in July, according to the latest Fannie Mae Monthly Summary.

By , Guest blogger

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    This chart shows what Fannie Mae terms the count of “Seriously Delinquent” loans as a percentage of all loans on their books since 1998.
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The latest release of the Fannie Mae Monthly Summary indicated that all measures of single family delinquency continued to decline in July while remaining at distressed levels.

In July, 2.84% of non-credit enhanced loans went seriously delinquent while the level was 7.76% of credit enhanced loans resulting in an overall total single family delinquency of 3.50%.

This chart shows what Fannie Mae terms the count of “Seriously Delinquent” loans as a percentage of all loans on their books.

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It’s important to understand that Fannie Mae does NOT segregate foreclosures from delinquent loans when reporting these numbers.

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