Mortgage Delinquencies by State
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Mortgage Delinquencies by State IV Quarter 2010
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Transcript of Mortgage Delinquencies by State
Mortgage Delinquencies by State
IV Quarter 2010
Summary• The states with the highest overall delinquency rates across all loan
types were Mississippi (13.30 percent), Nevada (12.00 percent) and Georgia (11.89 percent).
• The states with the highest foreclosure inventory rates were Florida (14.18 percent), Nevada (10.06 percent) and New Jersey (7.23 percent).
• The three states with the highest foreclosure starts rates were Nevada (2.95 percent), Arizona (2.29 percent) and Florida (2.21 percent).
• The following slides include:– Foreclosure inventory, Q3 to Q4 and Year-Over-Year percentage
point change in foreclosure inventory– Serious delinquency rates, Q3 to Q4 and Year-Over-Year
percentage point change in serious delinquency rates– Foreclosure starts, Q3 to Q4 and Year-Over-Year percentage point
change in foreclosure starts– New delinquencies, Q3 to Q4 and Year-Over-Year percentage
point change in new delinquencies
1.9%1.9%
2%2%
4.5%4.5%
3.5%3.5%5.7%5.7%
3%3%
2.5%2.5%
1.6%1.6%
3.4%3.4%
10.1%10.1%
3.1%3.1%
3.3%3.3%
3.6%3.6%
2.4%2.4%
1.6%1.6%
1.6%1.6%
1.1%1.1%
3.1%3.1%
2.2%2.2% 2%2%
3.6%3.6%
6.5%6.5%
2.9%2.9%
3.6%3.6%
2.2%2.2%
2.2%2.2%
2.6%2.6%
5.2%5.2%
3.4%3.4%
3.7%3.7%
3.2%3.2%
2.6%2.6%
4.3%4.3%
4.9%4.9%
3.6%3.6%
4.8%4.8%
5.3%5.3%
3.7%3.7%
14.2%14.2%
2.3%2.3%
4.3%4.3%
3.4%3.4%
3.2%3.2% 2.7%2.7%
3.3%3.3%
7.3%7.3%
4.1%4.1%
4.1%4.1%
4.2%4.2%
1.1%1.1%4.7%4.7%
Share of mortgages in foreclosure inventory
2010/Q4Below median rateMedian rateAbove median rateHighVery high
-0.08-0.08
11
0.30.3
0.170.17
-1.08-1.08
-0.4-0.40.470.47
0.020.02
0.380.38
0.30.3
0.90.9
-0.28-0.280.150.15
-0.36-0.36
-0.04-0.04
-0.09-0.09
0.050.05
-0.17-0.17
-0.37-0.37
-0.02-0.02
0.740.74
0.910.91
0.130.13
0.30.3
0.210.21
0.050.05 -0.01-0.01
0.390.39
0.440.44
-0.18-0.18
0.490.49
0.430.43
-0.1-0.1
0.230.23
0.210.210.410.41
-0.31-0.31
0.860.86
0.330.33
0.050.05
-0.31-0.310.680.68 0.210.21
-0.1-0.1
-0.45-0.45
1.461.46
0.310.31
0.720.72
0.230.23
-0.24-0.240.20.2
Q3 to Q4 percentage point change
in foreclosure inventory
IncreaseLarger increaseLargest increase
-0.08-0.08
11
0.30.3
0.170.17
-1.08-1.08
-0.4-0.40.470.47
0.020.02
0.380.38
0.30.3
0.90.9
-0.28-0.280.150.15
-0.36-0.36
-0.04-0.04
-0.09-0.09
0.050.05
-0.17-0.17
-0.37-0.37
-0.02-0.02
0.740.74
0.910.91
0.130.13
0.30.3
0.210.21
0.050.05 -0.01-0.01
0.390.39
0.440.44
-0.18-0.18
0.490.49
0.430.43
-0.1-0.1
0.230.23
0.210.210.410.41
-0.31-0.31
0.860.86
0.330.33
0.050.05
-0.31-0.310.680.68 0.210.21
-0.1-0.1
-0.45-0.45
1.461.46
0.310.31
0.720.72
0.230.23
-0.24-0.240.20.2
Year-over-year percentage point change
in foreclosure inventory
Larger decreaseDecreaseIncreaseLarger increaseLargest increase
5.1%5.1%
6%6%
5%5%9.8%9.8%
3.6%3.6%
5%5%
3.1%3.1%
6.2%6.2%
10.6%10.6%
17.4%17.4%
5.4%5.4%
6.7%6.7%
6.2%6.2%
6%6%
2.9%2.9%
3.5%3.5%
2.1%2.1%
5.8%5.8%
5.3%5.3%
6.6%6.6%
9%9%
8.5%8.5%
4.9%4.9%
6.2%6.2%
5.3%5.3%
5.9%5.9%
9.1%9.1%
8.4%8.4%
7.4%7.4%
10.7%10.7%
6.4%6.4%
6.8%6.8%
8.9%8.9%
6.8%6.8%4.7%4.7%
5%5%8.6%8.6%
8.3%8.3%
7.2%7.2%
19.4%19.4%
8.9%8.9%
8.4%8.4%
4.8%4.8% 5.5%5.5%
7.1%7.1%
10.9%10.9%
7.5%7.5%
7.2%7.2%
8.5%8.5%
2.3%2.3%7.7%7.7%
Share of seriously delinqent mortgages
2010/Q4LowBelow median shareMedian shareAbove median shareHigh
-0.1-0.1
00
-0.54-0.54
-0.09-0.09
0.020.02
-0.1-0.1
0.250.25
-0.21-0.21
-0.39-0.39
-0.13-0.13
0.280.28
-0.09-0.09
-0.12-0.12
0.190.19
-0.05-0.05
0.050.05
0.120.12
-0.16-0.16
-0.18-0.18
0.40.4
0.020.02
0.290.29
0.080.08 -0.25-0.25
0.020.02
0.160.16
-0.07-0.07
-0.13-0.13 0.070.07
0.010.01
-0.04-0.04
-0.04-0.04
0.290.29
-0.36-0.36
-0.11-0.11
0.040.04
-0.04-0.04
-0.03-0.03
-0.15-0.15
-0.21-0.21
-0.36-0.36
0.050.05
-0.01-0.01 -0.12-0.12
0.230.23
-0.16-0.16-0.03-0.03
-0.03-0.03
-0.13-0.13
-0.3-0.30.180.18
Q3 to Q4 2010 percentage point change
in serious delinquencies
Larger decreaseDecreaseIncrease
-0.89-0.89
-2.7-2.7
-0.36-0.36
-1.6-1.6
-0.32-0.32-2.65-2.65
-0.3-0.3-0.92-0.92
-0.9-0.9
-0.56-0.56
-0.12-0.12
-0.9-0.9
-1.46-1.46
-0.54-0.54
-0.96-0.96
0.410.41
-0.68-0.68
-0.34-0.34
-0.17-0.17
-0.3-0.3
-1.31-1.31
0.370.37
-0.53-0.53
-0.81-0.81
-1.33-1.33
-0.23-0.23
-0.78-0.78
-0.51-0.51
-0.75-0.75
-0.28-0.28
-0.31-0.31
-2.23-2.23
-0.68-0.68
-0.22-0.22-1.08-1.08
-0.92-0.92
-0.05-0.05
-1.1-1.1
-0.52-0.52
-1.06-1.06
-2.23-2.23-0.9-0.90.030.03
-0.87-0.87
0.530.53
-1.14-1.14-0.53-0.53
-0.13-0.13
-0.86-0.86
-0.68-0.68-0.55-0.55
Year-over-year percentage point change
in serious delinquencies
Largest decreaseLarger decreaseDecreaseIncrease
0.9%0.9%
1%1%
3%3%
1.4%1.4%
0.7%0.7%
2.3%2.3% 1%1%
1%1%
1%1%
0.9%0.9%
0.7%0.7%
1.1%1.1%
1%1%
1.1%1.1%
1.2%1.2%
1%1%
1.3%1.3%
0.9%0.9%
1%1%0.5%0.5%
0.7%0.7%
0.5%0.5%
1%1%
1.5%1.5%
1.6%1.6%
0.8%0.8%
1.1%1.1%
0.9%0.9%
1%1%
1.3%1.3%
1.1%1.1%
0.9%0.9%
1.6%1.6%
1.3%1.3%
1.1%1.1%0.9%0.9%
1%1%1.2%1.2%
1.1%1.1%
2.2%2.2%
1.6%1.6%
0.9%0.9%
0.7%0.7% 1.1%1.1%
0.9%0.9%
1.3%1.3%
0.8%0.8%
1.1%1.1%
1.5%1.5%
0.5%0.5%1.1%1.1%
Share of mortgages with foreclosure
process started in the last quarter
Below medianMedian shareAbove medianHighVery high
00
-0.1-0.1
00
-0.14-0.14
-0.09-0.09-0.15-0.15
-0.22-0.22
-0.03-0.03
-0.1-0.1
0.040.04
-0.04-0.04
-0.14-0.14
0.020.02
-0.11-0.11
-0.15-0.15
0.080.08
0.010.01
0.030.03
-0.1-0.1
-0.02-0.02
-0.23-0.23
0.050.05
0.080.08
-0.08-0.08
-0.05-0.05
-0.04-0.04-0.1-0.1
-0.07-0.07
-0.15-0.150.090.09
-0.13-0.13
-0.08-0.08
0.010.01
-0.03-0.03
-0.04-0.04
00
-0.17-0.17
-0.15-0.15
-0.36-0.36
-0.11-0.11
-0.13-0.13
-0.1-0.1
0.140.14
-0.16-0.16
-0.27-0.27
-0.14-0.14
-0.18-0.18
-0.11-0.11
-0.06-0.06
-0.03-0.03-0.07-0.07
Q3 to Q4 percentage point change
in foreclosure starts
Largest decreaseLarger decreaseDecreaseIncrease
0.070.07
0.070.07
0.040.04
0.10.1
0.280.280.110.11
0.020.02
0.10.1
0.070.07
-0.09-0.09
0.150.15
0.010.01
0.050.05
0.170.17
0.20.2
0.020.02
0.160.16
0.160.16
0.480.48
-0.02-0.02
-0.2-0.2
0.160.16
0.10.1
0.060.06
0.040.04
0.170.17
0.170.17
0.130.13
0.240.24
0.280.28
0.150.15
0.190.19
0.110.11
0.050.05
0.160.160.130.13
0.150.15
0.040.04
-0.05-0.050.140.14
0.050.05
-0.1-0.1
0.050.05 0.150.15
0.070.07
0.210.21
-0.13-0.13
0.220.22
0.330.33
0.030.030.030.03
Year-over-year percentage point change
in foreclosure starts
Larger decreaseDecreaseIncreaseLarger increaseLargest increase
4.3%4.3%
2.6%2.6%
2.3%2.3%
3%3%
2%2%
3.3%3.3%3.1%3.1%
2%2%
3.1%3.1%
2.4%2.4%
2.5%2.5%
2.4%2.4% 2.5%2.5%2.9%2.9%
3.5%3.5%
2.9%2.9%
3.9%3.9%
3.8%3.8%
2.3%2.3%
3%3%
4.8%4.8%
3.4%3.4%
2.9%2.9%
2.6%2.6%
4.2%4.2%
4.8%4.8%
4.1%4.1%
3.4%3.4%
5.9%5.9%
4.8%4.8%
4.1%4.1%
4.7%4.7%
4.1%4.1%
4.1%4.1%
4.2%4.2%
4.6%4.6%
3.8%3.8%
4.2%4.2%
3.4%3.4%
4.8%4.8%
4.1%4.1%
3.6%3.6%
2.8%2.8% 3.4%3.4%
3.3%3.3%
3.4%3.4%
3.3%3.3%
3.5%3.5%
3.6%3.6%
2.3%2.3%2.1%2.1%
Share of mortgages 30-60 days late
Very lowBelow median rateMedian rateAbove median rateHighVery high
-0.19-0.19
0.030.03
-0.06-0.06
-0.07-0.07
0.060.06
-0.25-0.25
-0.02-0.02
-0.11-0.11
-0.02-0.02
00
-0.08-0.08
-0.04-0.04
0.090.09
-0.17-0.17
0.030.03
-0.13-0.13
-0.15-0.15
-0.17-0.17
-0.07-0.07
-0.09-0.09
-0.14-0.14
0.010.01
-0.12-0.12
-0.04-0.04
-0.16-0.16
-0.07-0.07
0.050.05
-0.09-0.09
-0.14-0.140.070.07
-0.36-0.36
-0.16-0.16
0.020.02
0.020.02
-0.08-0.08
-0.12-0.12
-0.08-0.08
0.150.15
-0.12-0.12
-0.18-0.18
-0.08-0.080.260.26
-0.13-0.13
0.070.07
-0.05-0.05
-0.02-0.02
0.040.04
-0.07-0.07
-0.02-0.02
-0.23-0.23-0.01-0.01
Q3 to Q4 2010 percentage point change
in new delinquencies
Larger decreaseLarge decreaseDecreaseSmaller increaseLarger increase
-0.11-0.11
-0.2-0.2
-0.11-0.11
-0.2-0.2
-0.23-0.23
0.010.01
-0.33-0.33
-0.36-0.36
-0.19-0.19
0.070.07
-0.12-0.12
-0.16-0.16
-0.22-0.22
-0.11-0.11
-0.1-0.1
-0.13-0.13
-0.3-0.3
-0.3-0.3
-0.3-0.3
-0.02-0.02
-0.06-0.06
-0.07-0.07
-0.14-0.14
-0.16-0.16
-0.03-0.03
-0.1-0.1
-0.09-0.09
0.110.11-0.06-0.06
-0.06-0.06
-0.05-0.05
-0.18-0.18
-0.03-0.03
-0.18-0.18
-0.18-0.18
-0.06-0.06
-0.07-0.07
-0.16-0.16
-0.08-0.08
-0.11-0.11
-0.18-0.18-0.2-0.20.060.06
-0.14-0.14
-0.04-0.04
-0.05-0.05
-0.17-0.17
-0.03-0.03
-0.19-0.19
0.040.04-0.24-0.24
Year-over-year percentage point change
in new delinquencies
Larger decreaseSmaller decreaseIncrease
