U.S. Government releases massive mortgage warning (Defaults hit 12%)

American homeowners are beginning to run out of money, and now the delinquency rate on FHA Mortgages has spiked to 12%. This is the highest FHA mortgage delinquency rate since the end of the last housing downturn, and suggests a "canary in the coalmine" for the U.S. economy. Just how bad could this mortgage situation get and what will be the area's most impacted? Access our 12-month home price forecasts for your area at https://www.reventure.app. The FHA mortgage program is administered under HUD (Housing and Urban Development), and the delinquency rate keeps rising. It is now up to 12% of all mortgages in the program. This could be a "subprime 2.0" according to the Wall Street Journal, with the COVID-era loss mitigation programs ending on September 30th. Could we see a big spike in foreclosures after this point? Data from ATTOM shows that foreclosures in America are already spiking, with the number of foreclosures increasing 6 months in a row through August 2025. The states worst-hit by foreclosures include Nevada, South Carolina, and Florida. Should homebuyers and investors looking to get a deal on a house start looking for foreclosures in these states? Well, if you go on Zillow, you can see there's quite a few options now popping up for pre-foreclosures and Foreclosures. --- REVENTURE APP: https://www.reventure.app Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/ Additional stock footage provided by Envato Elements. https://elements.envato.com/