Credit Union Mortgage Delinquency Aging Trends

This chart presents a quarterly trend of 30-day (30-59 days past due) and 60+ day (seriously) delinquent 1-4 family residential loans held by credit unions, measured by dollar volume. The 30 DLQ rate (yellow line) acts as a leading indicator, showing the inflow of new delinquencies. It displays volatility, peaking at 1.03% in Q1 2025 before falling to 0.53% in Q2 2025. The 60+ DLQ rate (purple line), representing the accumulated volume of more troubled loans, shows a more concerning upward trend over the period, reaching 0.74% in the latest quarter.

For credit union executives, this trend is a call to action for loss mitigation and member outreach. The data suggests that industry-wide, early-stage interventions may not be sufficient to prevent loans from aging into more serious delinquency.

Lenders should analyze their own portfolios to see if they mirror this trend and, if so, intensify efforts to engage with members in the 30-59 day delinquency bucket.

For risk officers, this leading indicator warrants a review of loan loss reserve adequacy, as a rise in serious delinquencies often precedes an increase in charge-offs and higher servicing expenses. Strategic conversations about collection staffing, workout options, and overall risk appetite are merited by this shift in portfolio risk.

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