Fannie and Freddie: Single Family Serious Delinquency Rate Decreased in May, Multi-family Increased Slightly
Single-family serious delinquencies decreased in May, and multi-family serious delinquencies increased slightly. Freddie Multi-Family Seriously Delinquent RateFreddie Mac reports that the multi-family delinquencies rate increased to 0.36% in May, up from 0.35% in April, but down from the recent peak of 0.44% in January.