mortgage delinquency rates surged but foreclosures remained at record low levels due to the The Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
This statistic presents the share of one-to-four family residential mortgage loans entering the foreclosure process in the United States from 2018 to the second quarter of 2021. In the first quarter of 2021, the share of mortgages entering foreclosure was 0.04 percent. Following the coronavirus pandemic outbreak in 2020, Share of loans entering foreclosure processes in the United States from 1st quarter 2018 to 2nd quarter 2021
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Mortgage Bankers Association. (August 19, 2021). Share of loans entering foreclosure processes in the United States from 1st quarter 2018 to 2nd quarter 2021 [Graph]. In Statista. Retrieved August 11, 2022, from https://www.statista.com/statistics/206035/rate-of-loans-entering-foreclosure-process-in-the-us-since-1990/
Mortgage Bankers Association. "Share of loans entering foreclosure processes in the United States from 1st quarter 2018 to 2nd quarter 2021." Chart. August 19, 2021. Statista. Accessed August 11, 2022. https://www.statista.com/statistics/206035/rate-of-loans-entering-foreclosure-process-in-the-us-since-1990/
Mortgage Bankers Association. (2021). Share of loans entering foreclosure processes in the United States from 1st quarter 2018 to 2nd quarter 2021. Statista. Statista Inc.. Accessed: August 11, 2022. https://www.statista.com/statistics/206035/rate-of-loans-entering-foreclosure-process-in-the-us-since-1990/
Mortgage Bankers Association. "Share of Loans Entering Foreclosure Processes in The United States from 1st Quarter 2018 to 2nd Quarter 2021." Statista, Statista Inc., 19 Aug 2021, https://www.statista.com/statistics/206035/rate-of-loans-entering-foreclosure-process-in-the-us-since-1990/
Mortgage Bankers Association, Share of loans entering foreclosure processes in the United States from 1st quarter 2018 to 2nd quarter 2021 Statista, https://www.statista.com/statistics/206035/rate-of-loans-entering-foreclosure-process-in-the-us-since-1990/ (last visited August 11, 2022)