Serious Mortgage Delinquencies Decline for the First Time Since the Pandemic Started

In fact, a lot of people have become seriously delinquent on their mortgage payments, defined as not making a payment for 90 days or more. In fact, the number of mortgages that are seriously delinquent dropped by 43,000 in September, according to Black Knight. There are still a whopping 2.32 million borrowers who are seriously delinquent on their mortgage payments (per the definition above), but not yet in foreclosure.