By: Leslie Black-Plumeau

September 29, 2009

According to the quarterly National Delinquency Survey conducted by the Mortgage Bankers Association, Vermont is faring better than most states in terms of delinquencies and foreclosures.

Only six states have a lower rate of serious delinquency and only 15 have a lower rate of loans in foreclosure, as of June 30, 2009.

This survey is estimated to cover approximately 85 percent of all first-lien mortgages outstanding.

In comparison to all 50 states, only North Dakota has fewer mortgage loans outstanding. No state has fewer VA and FHA loans.

All of the following tables and graphs are based on the results of this survey:

Mortgages Outstanding in Vermont, June 30, 2009

table

Delinquencies and Foreclosures in Vermont

chart1

Foreclosure Rates

chart2

Serious Delinquency Rates

chart3