OCC and OTS Mortgage Metrics Report
Third Quarter 2008
Mortgages 30-59 Days Delinquent
Mortgages delinquent 30-59 days increased during the third quarter across all risk categories, continuing the trend reported in the second quarter. Overall, mortgages 30-59 days delinquent increased to 3.20 percent at the end of the third quarter from 2.85 percent of the total portfolio at the end of the second quarter.
At the end of the third quarter, mortgages 30-59 days delinquent were highest for subprime loans at 11.13 percent, and lowest for prime loans at 1.52 percent.
| Mortgages 30-59 Days Delinquent (% of all mortgage loans in each category) |
| |
First Quarter |
Second Quarter |
Third Quarter |
| Prime |
1.18% |
1.30% |
1.52% |
| Alt-A |
5.20% |
5.82% |
6.59% |
| Subprime |
9.29% |
10.22% |
11.13% |
| Other |
2.97% |
3.29% |
3.67% |
| Overall |
2.59% |
2.85% |
3.20% |
| Mortgages 30-59 Days Delinquent (Number of loans in the portfolio) |
| Prime |
266,892 |
301,306 |
350,284 |
| Alt-A |
185,820 |
209,577 |
235,808 |
| Subprime |
289,025 |
316,528 |
341,437 |
| Other |
154,896 |
162,936 |
181,172 |
| Total |
896,633 |
990,347 |
1,108,701 |
|
