FHA loan delinquencies hit 10.4%, unemployment cited by 11% of borrowers, highest in 16 years.

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As of January 2024, the delinquency rate for FHA loans reached 10.4%, marking the highest level in 16 years. Additionally, 11% of borrowers cited unemployment as the reason for their delinquency.

See also Does the mayor understand that its up to 20 years he talking about? Thats just for conspiring to stop federal agents. If he actually tries its obstruction insurrection and a probably a few others crimes.

Aligned🔥 pic.twitter.com/hpZUUWqQc3

— Mutasco (🐝) (@Cryptic_Chelsea) July 23, 2024

Sources:

https://www.hud.gov/sites/dfiles/Housing/images/FHALPT_Jan2024.pdf

https://www.hud.gov/sites/dfiles/Housing/images/FHALPT_Dec2021.pdf

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