The latest release of the Fannie Mae Monthly Summary indicated that for data through March, total serious single family delinquency declined notably while still remaining at distressed levels.In March, 3.26% of non-credit enhanced loans went seriously delinquent while the level was 10.13% of credit enhanced loans resulting in an overall total single family delinquency of 4.27%.
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.
