CFED Scorecard

CFED Assets & Opportunity Scorecard

Housing & Homeownership
Delinquent Mortgage Loans
Definition

Percentage of mortgage loans with payments 90 days or more past due, Quarter 2, 2015.

Description

Delinquent mortgage loans are a common measure of financial distress, and payments over 90 days overdue are an indicator of a family on the brink of foreclosure or a mortgage in need of modification. When combined with the foreclosure rate, this measure can paint a broad picture of which states have been most severely affected by the foreclosure crisis.

1.9% of mortgage loans issued in United States are 90 days or more past due

Delinquent Mortgage Loans, Quarter 2, 2015

StatePercent of Mortgage Loans with
Payments 90+ Days Past Due (%)
Rank
United States 1.86%
Alabama 2.61% 47
Alaska 0.73% 2
Arizona 1.09% 9
Arkansas 2.20% 35
California 1.17% 11
Colorado 0.89% 6
Connecticut 2.26% 37
Delaware 2.31% 39
District of Columbia 1.44% 17
Florida 2.34% 41
Georgia 2.32% 40
Hawaii 1.26% 12
Idaho 0.92% 7
Illinois 2.09% 32
Indiana 2.13% 33
Iowa 1.12% 10
Kansas 1.54% 21
Kentucky 1.92% 31
Louisiana 2.36% 42
Maine 2.70% 48
Maryland 2.40% 45
Massachusetts 2.56% 46
Michigan 1.69% 24
Minnesota 1.00% 8
Mississippi 3.30% 51
Missouri 1.77% 26
Montana 0.82% 4
Nebraska 1.43% 16
Nevada 2.38% 44
New Hampshire 1.56% 23
New Jersey 2.89% 50
New Mexico 1.52% 20
New York 2.37% 43
North Carolina 1.86% 30
North Dakota 0.50% 1
Ohio 2.18% 34
Oklahoma 1.78% 27
Oregon 1.30% 14
Pennsylvania 2.24% 36
Rhode Island 2.86% 49
South Carolina 1.82% 29
South Dakota 0.77% 3
Tennessee 2.30% 38
Texas 1.73% 25
Utah 1.27% 13
Vermont 1.44% 17
Virginia 1.55% 22
Washington 1.36% 15
West Virginia 1.78% 27
Wisconsin 1.50% 19
Wyoming 0.88% 5

Change in Delinquent Mortgage Loans

Percent of Mortgage Loans with Payments 90+ Days Past Due (%)
StateQ2 2009Q2 2010Q3 2011Q2 2012Q2 2013Q2 2014Q2 2015
United States 3.67% 4.54% 3.46% 3.04% 2.55% 2.31% 1.86%
Alabama 3.37% 4.07% 3.58% 3.30% 3.23% 3.14% 2.61%
Alaska 1.39% 1.50% 1.36% 1.13% 0.98% 0.92% 0.73%
Arizona 4.90% 6.17% 3.64% 2.63% 1.68% 1.41% 1.09%
Arkansas 2.66% 3.09% 3.34% 3.67% 2.83% 2.68% 2.20%
California 5.04% 6.50% 4.02% 3.11% 2.25% 1.62% 1.17%
Colorado 2.29% 2.79% 2.12% 1.87% 1.49% 1.21% 0.89%
Connecticut 2.79% 3.82% 3.04% 2.75% 2.53% 2.65% 2.26%
Delaware 2.65% 3.52% 3.03% 3.80% 3.35% 2.86% 2.31%
District of Columbia 2.55% 3.38% 2.95% 3.24% 3.09% 2.86% 1.44%
Florida 5.16% 6.09% 4.37% 3.79% 2.96% 2.92% 2.34%
Georgia 4.15% 5.62% 4.53% 4.06% 3.28% 2.90% 2.32%
Hawaii 2.54% 3.64% 2.57% 1.99% 1.57% 1.44% 1.26%
Idaho 2.56% 3.07% 2.55% 2.05% 1.61% 1.25% 0.92%
Illinois 3.92% 5.05% 3.68% 3.22% 2.74% 2.61% 2.09%
Indiana 4.06% 4.33% 3.48% 3.01% 2.70% 2.63% 2.13%
Iowa 2.16% 2.40% 1.93% 1.58% 1.40% 1.41% 1.12%
Kansas 2.27% 2.60% 2.41% 2.20% 1.96% 1.93% 1.54%
Kentucky 2.66% 3.31% 2.95% 2.66% 2.39% 2.38% 1.92%
Louisiana 3.33% 4.06% 3.23% 2.90% 2.66% 2.70% 2.36%
Maine 2.59% 3.53% 2.92% 3.04% 2.46% 2.48% 2.70%
Maryland 3.59% 4.79% 4.82% 3.79% 3.59% 3.13% 2.40%
Massachusetts 3.51% 4.39% 3.78% 3.51% 3.30% 3.47% 2.56%
Michigan 4.93% 5.58% 3.98% 3.11% 2.59% 2.30% 1.69%
Minnesota 2.48% 2.93% 1.98% 1.62% 1.41% 1.40% 1.00%
Mississippi 4.70% 5.46% 4.67% 4.08% 4.01% 3.90% 3.30%
Missouri 3.00% 3.51% 2.94% 2.58% 2.39% 2.25% 1.77%
Montana 1.50% 1.98% 1.49% 1.25% 1.11% 1.00% 0.82%
Nebraska 1.92% 2.00% 1.71% 1.56% 1.75% 1.63% 1.43%
Nevada 6.49% 8.56% 6.02% 6.30% 4.22% 3.46% 2.38%
New Hampshire 2.63% 3.44% 2.52% 2.34% 2.14% 1.93% 1.56%
New Jersey 3.22% 4.26% 3.78% 5.04% 4.24% 3.45% 2.89%
New Mexico 2.19% 2.89% 2.16% 2.04% 1.81% 1.90% 1.52%
New York 3.37% 4.35% 3.59% 3.06% 3.08% 2.88% 2.37%
North Carolina 3.01% 3.82% 3.03% 2.80% 2.47% 2.26% 1.86%
North Dakota 1.01% 1.03% 0.81% 0.66% 0.55% 0.50% 0.50%
Ohio 3.75% 4.34% 3.69% 3.18% 2.72% 2.58% 2.18%
Oklahoma 2.43% 2.75% 2.54% 2.28% 2.11% 2.07% 1.78%
Oregon 2.40% 3.00% 2.44% 2.12% 1.75% 1.75% 1.30%
Pennsylvania 2.88% 3.48% 3.10% 2.66% 2.74% 2.72% 2.24%
Rhode Island 3.49% 5.33% 3.61% 3.75% 3.56% 3.45% 2.86%
South Carolina 2.99% 3.98% 2.99% 2.54% 2.12% 2.16% 1.82%
South Dakota 1.30% 1.64% 1.07% 1.01% 0.80% 0.96% 0.77%
Tennessee 3.70% 4.24% 3.74% 3.36% 3.05% 2.87% 2.30%
Texas 2.84% 3.39% 2.78% 2.42% 2.15% 2.09% 1.73%
Utah 2.51% 3.71% 3.12% 2.81% 2.14% 1.72% 1.27%
Vermont 1.53% 2.05% 1.64% 1.59% 1.36% 1.70% 1.44%
Virginia 2.63% 3.21% 2.35% 2.23% 2.07% 1.81% 1.55%
Washington 2.25% 3.90% 4.26% 4.18% 2.64% 2.06% 1.36%
West Virginia 2.82% 3.29% 2.61% 2.19% 1.92% 1.98% 1.78%
Wisconsin 2.57% 2.81% 2.47% 2.26% 2.05% 1.94% 1.50%
Wyoming 1.39% 1.93% 1.36% 1.30% 1.28% 1.11% 0.88%

Definition

Percentage of mortgage loans with payments 90 days or more past due, Quarter 2, 2015.

 

 

Source

National Delinquency Survey: Second Quarter 2015. Washington, DC: Mortgage Bankers Association, 2015.

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