Fannie Mae: Mortgage Serious Delinquency Rate Decreased in October
Industry Update
November 30, 2021
Source: Calculated Risk
Fannie Mae reported that the Single-Family Serious Delinquency decreased to 1.46% in October, from 1.62% in September. The serious delinquency rate is down from 3.05% in October 2020.
These are mortgage loans that are “three monthly payments or more past due or in foreclosure”.
For full report, please click the source link above.
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