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New Payment Plans Relative to Seriously Delinquent Mortgages

Overall, new payment plans as a percentage of seriously delinquent loans varied from a low in November of 7.42 percent to a high of 8.38 percent in January.

In March, 7.81 percent of seriously delinquent loans received payment plans, up slightly from the beginning of the reporting period.

New Payment Plans
(% of Seriously Delinquent)
Nov-07Dec-07Jan-08Feb-08Mar-08
Composition

 

 

 

 

 

Prime6.34%6.89%7.31%6.67%7.16%
Alt-A8.08%8.52%9.11%< 8.32%8.98%
Subprime8.11%8.08%9.10%8.29%8.38%
Other6.59%6.38%7.50%6.49%6.54%
Overall

7.42%

7.54%

8.38%

7.54%

7.81%

  New Payment Plans (% of Seriously Delinquent) chart  


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