Office of the Comptroller of the Currency - Ensuring a Safe and Sound Federal Banking System for All Americans Site Map | Text Size: S M L

BankNet

BankNet
More resources for national banks

HelpWithMyBank.gov

HelpWithMyBank.gov

Get answers to banking questions

Job Seekers

Job Seekers
Join one of the best places to work

Total End–of–Month Foreclosures in Process

January — June 2008

Foreclosures in process totaled 555,680 at the end of June. Subprime mortgages constitute almost 28 percent of total foreclosures in process, while representing less than 9 percent of the total number of mortgages. Prime mortgages constituted more than 39 percent of all foreclosures, while representing 66 percent of the total servicing portfolio.

 

Total Foreclosures in ProcessJun-08% of Total
Foreclosures
in Process
% of Loans
in Each
Category
% of Total
Servicing
Portfolio
Prime

217,088

39%

0.95%

66%

Alt-A

118,018

21%

3.32%

10%

Subprime

154,955

28%

5.07%

9%

Other

65,619

12%

1.27%

15%

Total

555,680

  Foreclosures in Process (% of total) June 2008  


< previous | next >