Fannie Mae reports decrease in delinquent loans

The percentage of overall total serious single family delinquency was 4.08 percent in June 2011. Though in decline, single family delinquency remains at distressed levels.

|
SoldAtTheTop
This chart shows the percentage of "serious delinquencies" per total number of loans from 2003 to mid-2011. Though in decline since 2010, delinquencies remain high.

The latest release of the Fannie Mae Monthly Summary indicated that for data through June, total serious single family delinquency declined while still remaining at distressed levels.

In June, 3.14% of non-credit enhanced loans went seriously delinquent while the level was 9.72% of credit enhanced loans resulting in an overall total single family delinquency of 4.08%.

The following charts (click for larger ultra-dynamic and surf-able chart) show what Fannie Mae terms the count of “Seriously Delinquent” loans as a percentage of all loans on their books.

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

You've read 3 of 3 free articles. Subscribe to continue.
QR Code to Fannie Mae reports decrease in delinquent loans
Read this article in
https://www.csmonitor.com/Business/Paper-Economy/2011/0830/Fannie-Mae-reports-decrease-in-delinquent-loans
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe
CSM logo

Why is Christian Science in our name?

Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that.

The Church publishes the Monitor because it sees good journalism as vital to progress in the world. Since 1908, we’ve aimed “to injure no man, but to bless all mankind,” as our founder, Mary Baker Eddy, put it.

Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for credible hope.

Explore values journalism About us