This statistic shows the foreclosure rates of subprime conventional loans in the United States from 2000 to 2016. In 2016, 7.2 percent of subprime conventional loans were in foreclosure.
Mortgage foreclosure rates on subprime conventional loans 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 in the foreclosure processes at year-end, not seasonally adjusted.
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ProQuest. (December 5, 2018). Mortgage foreclosure rates on subprime conventional loans in the United States from 2000 to 2016 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/206014/us-foreclosure-rates-on-subprime-conventional-loans-since-2000/
ProQuest. "Mortgage foreclosure rates on subprime conventional loans in the United States from 2000 to 2016." Chart. December 5, 2018. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/206014/us-foreclosure-rates-on-subprime-conventional-loans-since-2000/
ProQuest. (2018). Mortgage foreclosure rates on subprime conventional loans in the United States from 2000 to 2016. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/206014/us-foreclosure-rates-on-subprime-conventional-loans-since-2000/
ProQuest. "Mortgage Foreclosure Rates on Subprime Conventional Loans in The United States from 2000 to 2016." Statista, Statista Inc., 5 Dec 2018, https://www.statista.com/statistics/206014/us-foreclosure-rates-on-subprime-conventional-loans-since-2000/
ProQuest, Mortgage foreclosure rates on subprime conventional loans in the United States from 2000 to 2016 Statista, https://www.statista.com/statistics/206014/us-foreclosure-rates-on-subprime-conventional-loans-since-2000/ (last visited September 01, 2024)
Mortgage foreclosure rates on subprime conventional loans in the United States from 2000 to 2016 [Graph], ProQuest, December 5, 2018. [Online]. Available: https://www.statista.com/statistics/206014/us-foreclosure-rates-on-subprime-conventional-loans-since-2000/