US Q3 2020 Loan Delinquency 01-02-2021

Submitted by Chris Ducret on Sat, 01/02/2021 - 23:42

Prior to the COVID shut down, US 2 year FHA Seriously Delinquent loans were 34,813 (1.85%) of Originating loans.  

Q3 2020 Seriously delinquent loans are 150,714 (7.88%).  Increase of 432% to Pre COVID level.

Seriously delinquent loans that are >90 days delinquent as reported by the servicing lender.