Delinquent home loans increase
In January, 3.08 percent of non-credit enhanced loans went seriously delinquent.
This Fannie Mae chart shows the percentage of "seriously delinquent loans" per total loans since 1998. The percentage has cooled off a bit since spiking in 2010.
SoldAtTheTop
The latest release of the Fannie Mae Monthly indicated that total serious single family delinquency increased slightly in January while remaining at distressed levels.
In January, 3.08% of non-credit enhanced loans went seriously delinquent while the level was 9.03% of credit enhanced loans resulting in an overall total single family delinquency of 3.90%.
The following charts (click for larger ultra-dynamic and surf-able chart) show what Fannie Mae terms the count of 鈥淪eriously Delinquent鈥� loans as a percentage of all loans on their books.
It鈥檚 important to understand that Fannie Mae does NOT segregate foreclosures from delinquent loans when reporting these numbers.