Foreclosure rates on subprime conventional loans in the U.S. 2000-2016

Mortgage foreclosure rates on subprime conventional loans in the United States from 2000 to 2016

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Release date

December 2018

Region

United States

Survey time period

2000, 2005, 2010 to 2016

Supplementary notes

Covers one- to four-family residential non farm mortgage loans. Mortgage origination is the making of a new mortgage, including all steps taken by a lender to attract and qualify a borrower, process the mortgage loan, and place it on the lender’s books. Based on the national Delinquency Survey which covers 45 million loans on one- to four unit properties, representing between 80 to 85 percent of all 'first lien' residential mortgage loan outstanding. Loans surveyed were reported by approximately 120 lenders, including mortgage bankers, commercial banks and thrifts.
Percentage of loans in the foreclosure processes at year-end, not seasonally adjusted.

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