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  1. Mortgage Delinquency & Foreclosure Rates & Private & Government  Mortgage Insurance:1970-1987                                     (in percent, except as indicated)   Item                            1970    1975    1980    1985    1987 
  2.  
  3. Delinquency rates:(1)
  4.   Total                           3.13    4.37    4.97    5.84    4.97
  5.  Conventional loans               1.74    2.71    3.09    4.05    3.15
  6.  VA loans                         3.03    4.17    5.33    6.63    6.21
  7.  FHA loans                        3.65    5.45    6.56    7.46    6.56
  8. Foreclosure rates:(2)
  9.   Total                            .33     .38     .38     .81    1.06
  10.  Conventional loans                .08     .16     .17     .61     .67
  11.  VA loans                          .50     .36     .46     .88    1.28
  12.  FHA loans                         .40     .46     .53    1.01    1.44
  13.  
  14. Claims paid by private
  15.   mortgage insurers(3)(mil.dol.)  (NA)    (NA)    58.7   971.1    (NA)
  16.  
  17. Mortgage insurance outstanding:(4)
  18.  Private (bil.dol.)                7.3    40.0   105.3   223.7(5)224.2
  19.  Government (bil.dol.)            97.3   127.7   195.2   288.8    (NA)
  20.  
  21.  
  22. NA=Not available.
  23. 1. Number of loans delinquent 30 days or more as percentage of mort-
  24.    gage loans serviced in survey. Annual average quarterly figures,
  25.    seasonally adjusted.
  26. 2. Percentage of loans in the foreclosure process at yearend, not
  27.    seasonally adjusted.
  28. 3. Source:Mortgage Insurance Companies of America, Washington, D.C.
  29. 4. Source:U.S. League of Savings Institutions, Washington, D.C.
  30. 5. Preliminary.
  31.  
  32. Source:Except as noted, Mortgage Bankers Association of America,
  33.        Washington, D.C.
  34.   
  35.