Large Bank Consumer Mortgage Balances: 60 or More Days Past Due: Inclu
Other · FRED/Treasury · RCMFLBBALDPDPCT60P
What this measures. Share of first-lien balances 60 or more days past due. All past due active mortgages are included in the days past due calculations, including foreclosures. Borrowers who qualify for forbearance and stop making payments are also recorded as past due for all past due rate calculations. Days past due rates are presented using dollars (balances based). For…
The latest reading sits at VERY HIGH relative to this series' own history (54 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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