Fannie Mae: Mortgage Serious Delinquency Rate Unchanged in June

Fannie Mae reported that the Single-Family Serious Delinquency rate was unchanged at 0.70% in June, from 0.70% in May. The serious delinquency rate is down from 0.97% in June 2018. These are mortgage loans that are "three monthly payments or more past due or in foreclosure".  The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%. This equals last month as the lowest serious delinquency rate for Fannie Mae since July 2007. Click on graph for larger image By vintage , for loans made in 2004 or earlier (3% of portfolio), 2.61% are seriously delinquent. For loans made......(read more)

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