Mortgages 90 or more days delinquent (States) for the year January 2008–June 2021

Mortgages that are 90 days or more delinquent refer to home loans where the borrower has failed to make payments for at least 90 consecutive days. This delinquency status is a significant indicator of financial distress for homeowners and a potential risk factor for lenders and the broader housing market. When mortgages are 90 or more delinquent, it typically indicates severe financial hardship or an inability of the borrower to meet their repayment obligations. This situation can lead to various consequences, including foreclosure proceedings initiated by the lender to recover the unpaid loan amount by repossessing the property.