Lawler: Serious Delinquency Rate on FHA-Insured SF Loans Surged in June

CR: Note that Lawler is discussing the sharp increase in serious delinquencies in June according to the Early Warning System. This means people have missed three payments (although many of these people are probably in forbearance programs.) While the FHA's "official" monthly loan performance report for June is not yet available on its website, data from the FHA's Early Warning System indicates that FHA's Early Warning System indicate that the serious delinquency rate on FHA-insured single-family loans surged in June. Delinquency rates in the EWS do not match those in the official report, but......(read more)

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