Source: Federal Reserve
Interesting chart from the Fed showing the data on Delinquency Rates on all loans (including mortgages) and subsequent Charge-offs.
I added the horizontal red and blue lines, showing the approximate average over the past 15 years. As you can see, we are making progress on the charge offs. But we still have an enormous way to go in clearing the Delinquent Loans . . .
You can play with the interactive chart and data at the Federal Reserve site.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.