During the mortgage bubble in 2006, 78 million consumers, or 43% of credit-active consumers in the U.S., had a mortgage. More than 8% of these consumers were “impacted,” defined by TransUnion as those who were 60+ days past due on a mortgage loan, lost their mortgage through foreclosure, short sale or other non-satisfactory closure, or had a mortgage loan modification between the Bubble and Burst.
Were 60+ days delinquent on a mortgage loan
Lost their mortgage through a foreclosure, short sale or other non-satisfactory closure
Had a mortgage loan modification