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Sunday, August 30, 2009

Bankruptcy Filings and Mortgage Delinquencies by State

by Calculated Risk on 8/30/2009 10:47:00 AM

Here is a graph of bankruptcy filings vs. mortgage delinquencies (including homes in foreclosure process) by state for Q2 2009.

Bankruptcy vs. Mortgage Delinquencies by State Click on graph for larger image in new window.

The bankruptcy filings data is from the American Bankruptcy Institute.

The mortgage delinquency data is from the Mortgage Bankers Association.

No surprise - there is a clear correlation, although each state has different bankruptcy laws that can impact the relationship (see Florida).

Here is a sortable table to find the data for each state (use scroll bar to see all data).