Fannie Mae: Mortgage Serious Delinquency rate unchanged in January

Fannie Mae reported today that the Single-Family Serious Delinquency rate was unchanged in January at 1.55%. The serious delinquency rate is down from 1.86% in January 2015. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%. Note: These are mortgage loans that are "three monthly payments or more past due or in foreclosure". Note: Freddie Mac reported last week that their Single-Family serious delinquency rate declined in January to 1.33%, up from 1.32% in December. Click on graph for larger image The Fannie Mae serious delinquency rate has only fallen 0.31 percentage......(read more)

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