Value of delinquent housing loans in the U.S. 2020-2021, by days delinquent
Between May 2020 and May 2021, the value of single-family housing mortgages owned by Freddie Mac in the United States that were over 180 days delinquent spiked from approximately 1.2 billion U.S. dollars to over 22.5 billion U.S. dollars. Nevertheless, the total value of delinquent loans fell significantly, from roughly 54.4 billion U.S. dollars to approximately 35.4 billion U.S. dollars. A similar trend can be observed with the number of delinquent loans.