This statistic presents the share of subprime conventional loans entering the foreclosure process in the United States from 2000 to 2016. The share of subprime conventional loans entering the foreclosure process decreased from 12.9 percent in 2010 to 4.7 percent in 2016.
Share of subprime conventional loans entering foreclosure processes in the United States from 2000 to 2016
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 entering foreclosure process at year-end, not seasonally adjusted.
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ProQuest. (December 5, 2018). Share of subprime conventional loans entering foreclosure processes in the United States from 2000 to 2016 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/206048/us-subprime-conventional-loans-entering-foreclosure-process-since-2000/
ProQuest. "Share of subprime conventional loans entering foreclosure processes in the United States from 2000 to 2016." Chart. December 5, 2018. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/206048/us-subprime-conventional-loans-entering-foreclosure-process-since-2000/
ProQuest. (2018). Share of subprime conventional loans entering foreclosure processes in the United States from 2000 to 2016. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/206048/us-subprime-conventional-loans-entering-foreclosure-process-since-2000/
ProQuest. "Share of Subprime Conventional Loans Entering Foreclosure Processes in The United States from 2000 to 2016." Statista, Statista Inc., 5 Dec 2018, https://www.statista.com/statistics/206048/us-subprime-conventional-loans-entering-foreclosure-process-since-2000/
ProQuest, Share of subprime conventional loans entering foreclosure processes in the United States from 2000 to 2016 Statista, https://www.statista.com/statistics/206048/us-subprime-conventional-loans-entering-foreclosure-process-since-2000/ (last visited December 22, 2024)
Share of subprime conventional loans entering foreclosure processes in the United States from 2000 to 2016 [Graph], ProQuest, December 5, 2018. [Online]. Available: https://www.statista.com/statistics/206048/us-subprime-conventional-loans-entering-foreclosure-process-since-2000/