MBA Chart of the Week: Taxonomy of Mortgage Default

Recently, the Research Institute for Housing America (RIHA), MBA’s think tank, released a special report, Mortgage Design, Underwriting, and Interventions: Promoting Sustainable Homeownership, that looks at the lessons learned from the Great Financial Crisis, the Covid-19 pandemic, and other past episodes of default, to understand how to design a more robust mortgage system that proactively supports sustainable homeownership.

RIHA: Fewer Households Missed Housing Payments in Second Quarter

Slightly under five million households did not make their rent or mortgage payments in the second quarter, updated research from the Mortgage Bankers Association’s Research Institute for Housing America reported.