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Data Map

Foreclosure Starts Decrease for FHA Loans

The non-seasonally adjusted foreclosure starts rate in the fourth quarter of 2009 was 1.20%, a decrease of 22 basis points from the third quarter of 2009 rate of 1.42%, according to the MBA's National Delinquency Survey.

By loan type, the foreclosure starts rate decreased three basis points for FHA loans (from 1.31% to 1.28%), and six basis points for VA loans (from 0.87% to 0.81%).

National Delinquency Survey, 4Q 2009
% FHA Loans in Forclosure

Inventory at End of Quarter
 1.1 - 2.05
 2.05 - 2.54
 2.54 - 3.12
 3.12 - 3.68
 3.68 - 8.74
Source: MBA