---
title: "Charge-Off Rate on Single-Family Residential Mortgages"
slug: charge-off-rate-on-single-family-residential-mortgages
summary: "Mortgage charge-off rate held at 0% in Q2 2026"
category: "Courts"
unit: percent
frequency: quarterly
direction: higher_is_worse
latest_value: 0.0
latest_period: "2026-Q2"
trend: stable
last_updated: "2026-08-26T00:00:00Z"
source: "Board of Governors of the Federal Reserve System data retrieved via FRED"
source_url: https://fred.stlouisfed.org/series/CORSFRMACBS
canonical_html: https://americandefault.org/indicators/charge-off-rate-on-single-family-residential-mortgages/
citation_apa: "Kilburn, R. (2026). Charge-Off Rate on Single-Family Residential Mortgages [Data set]. American Default Research. https://americandefault.org/indicators/charge-off-rate-on-single-family-residential-mortgages/"
citation_chicago: "Kilburn, Ross. 2026. \"Charge-Off Rate on Single-Family Residential Mortgages.\" American Default Research. https://americandefault.org/indicators/charge-off-rate-on-single-family-residential-mortgages/."
citation_mla: "Kilburn, Ross. \"Charge-Off Rate on Single-Family Residential Mortgages.\" American Default Research, 2026, americandefault.org/indicators/charge-off-rate-on-single-family-residential-mortgages/."
---

# Charge-Off Rate on Single-Family Residential Mortgages

> Mortgage charge-off rate held at 0% in Q2 2026

## Current Reading

As of 2026-Q2, Charge-Off Rate on Single-Family Residential Mortgages is **0%** (stable).

annualized net charge-off rate on home loans and home equity lines held by commercial banks

## What Changed

- The annualized mortgage charge-off rate at U.S. commercial banks held at 0% in Q2 2026, the same as in Q1 2026.
- The same as a year earlier.

## Recent Values

| Period | Value |
|--------|-------|
| 2026-Q2 | 0% |
| 2026-Q1 | 0% |
| 2025-Q4 | 0% |
| 2025-Q3 | 0% |
| 2025-Q2 | 0% |
| 2025-Q1 | 0% |
| 2024-Q4 | 0% |
| 2024-Q3 | -0.01% |
| 2024-Q2 | -0.01% |
| 2024-Q1 | 0% |
| 2023-Q4 | 0% |
| 2023-Q3 | 0% |

## Historical Context

This series is not comparable end to end, so no all-time extreme or long-run average is published for it. The source changed what it measures on the following date(s):

- Q1 2001: Readings before the March 2001 Call Report are partly estimated by the Federal Reserve rather than reported in full detail. Smaller banks filed the FFIEC 033 and 034 forms and could report charged-off and delinquent loans under their own loan classifications instead of the regulatory ones, so the Federal Reserve adjusted and allocated those amounts to the published loan categories using estimated ratios that differed by loan category. The Board states that from the March 2001 Call Report the detail reported by all banks eliminated the need for those procedures. In February 2017 it updated the models used to estimate data not reported by small banks that filed the FFIEC 034 form and revised the pre-2001 rates for several series, so values on that side of the boundary have already moved once without any new bank report. Source: https://www.federalreserve.gov/releases/chargeoff/about.htm

Compare readings only within a single segment. Subtracting across one of these dates measures the change in method, not in household conditions.

## Methodology

This indicator carries quarterly observations and is interpreted as higher values indicate worse household conditions. Source: Board of Governors of the Federal Reserve System data retrieved via FRED.
Automation: collected automatically on the daily refresh pipeline, with no hand entry.

## Source

Board of Governors of the Federal Reserve System data retrieved via FRED — [https://fred.stlouisfed.org/series/CORSFRMACBS](https://fred.stlouisfed.org/series/CORSFRMACBS)

Data retrieved: 2026-08-26T00:00:00Z

## Related Indicators

- [foreclosure-filings](https://americandefault.org/indicators/foreclosure-filings/)
- [mortgage-delinquency-rate](https://americandefault.org/indicators/mortgage-delinquency-rate/)
- [the-pipeline](https://americandefault.org/indicators/the-pipeline/)

## Machine-Readable Endpoints

- HTML page: https://americandefault.org/indicators/charge-off-rate-on-single-family-residential-mortgages/
- JSON: https://americandefault.org/api/indicators/charge-off-rate-on-single-family-residential-mortgages.json
- CSV: https://americandefault.org/api/downloads/charge-off-rate-on-single-family-residential-mortgages.csv
- BibTeX: https://americandefault.org/citations/charge-off-rate-on-single-family-residential-mortgages.bib
- RIS: https://americandefault.org/citations/charge-off-rate-on-single-family-residential-mortgages.ris

## Citation

**APA 7th**

    Kilburn, R. (2026). Charge-Off Rate on Single-Family Residential Mortgages [Data set]. American Default Research. https://americandefault.org/indicators/charge-off-rate-on-single-family-residential-mortgages/

**Chicago (author-date)**

    Kilburn, Ross. 2026. "Charge-Off Rate on Single-Family Residential Mortgages." American Default Research. https://americandefault.org/indicators/charge-off-rate-on-single-family-residential-mortgages/.

**MLA 9th**

    Kilburn, Ross. "Charge-Off Rate on Single-Family Residential Mortgages." American Default Research, 2026, americandefault.org/indicators/charge-off-rate-on-single-family-residential-mortgages/.

Use **American Default Research** as the institutional name in source lists, bibliographies, and press citations. **American Default** is the brand and URL form. **American Distress Index (ADI)** is the product name for the national composite score.