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Delinquency Rates For Subprime, FHA And More.(Brief article)

Mortgage Servicing News

| August 01, 2007 | COPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

 
Loan     Total Past Dues  Total Pas Dues  Total Past Dues 
    Type     Dec. 31, '06     Dec. 31, '05    Dec. 31, '04 
 
    FHA(1)             14.43%  14.22%  13.17% 
    Subprime(2)        14.35%  15.89%   9.84% 
    VA                  7.43%   7.43%   7.59% 
    All mortgages(MBA)  5.31%   5.06%   4.45% 
    All mortgages(NMN)  5.52%   4.63%   3.69%

Notes: Delinquency data as of year-end 2006, 2005 and 2004, respectively. (1) Figures courtesy of the Mortgage Bankers ...

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Source: HighBeam Research, Delinquency Rates For Subprime, FHA And More.(Brief article)