01 · Other Real Estate Owned (OREO)
$4.91 BILLION
Q2 2026
vs. prior quarter +6.7%vs. year earlier +19.5%
The reported value of real estate held by FDIC-insured institutions following foreclosure or other acquisition.
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REO and Mortgage Delinquency Intelligence
Understanding the financial indicators behind distressed real estate.
Drawing on publicly reported financial information from FDIC-insured financial institutions, this intelligence provides insight into bank-owned real estate, mortgage delinquency, nonperforming real estate loans, and changing conditions throughout the U.S. banking system.
Data source: Federal Deposit Insurance Corporation (FDIC)·API documentation
- Last updated
- November 11, 2026
- Financial data through
- Q2 2026
All FDIC-insured institutions, United States. 4,313 reporting institutions, Q2 2026.
02 · Seriously Delinquent Mortgages
$18.67 BILLION
Q2 2026
vs. prior quarter -5.9%vs. year earlier +27.1%
The outstanding balance of residential mortgages reported as 90 or more days past due, providing insight into serious mortgage delinquency.
03 · Nonaccrual Real Estate Loans
$58.87 BILLION
Q2 2026
vs. prior quarter -0.7%vs. year earlier +0.7%
- Residential (1–4 family): $23.02 BILLION
- Commercial (nonfarm nonresidential, multifamily, construction): $34.26 BILLION
The reported balance of real estate loans on which financial institutions have stopped accruing interest income because of credit deterioration.
04 · Early-Stage Mortgage Delinquency
$17.57 BILLION
Q2 2026
vs. prior quarter -4.0%vs. year earlier -1.3%
Residential mortgage balances experiencing early-stage payment delinquency, providing an indication of emerging financial stress.
Historical Distressed Real Estate Trends
Other Real Estate Owned (OREO) · All FDIC-insured institutions, United States. Quarterly reported balances.
+−Additional Banking System Indicators
| Total real estate loans | $6.21 TRILLION |
|---|---|
| Residential (1–4 family) real estate loans | $2.96 TRILLION |
| Commercial (nonfarm nonresidential) real estate loans | $1.95 TRILLION |
| Multifamily real estate loans | $670.33 BILLION |
| Total noncurrent loans & leases | $130.92 BILLION |
| Noncurrent real estate loans | $79.27 BILLION |
| Noncurrent real estate loans as % of real estate loans | 1.28% |
| 1–4 family residential | $1.07 BILLION |
|---|---|
| Nonfarm nonresidential | $2.68 BILLION |
| Construction & land development | $679.15 MILLION |
| Multifamily | $437.73 MILLION |
| Farmland | $36.86 MILLION |
Noncurrent loans are those 90 or more days past due plus loans in nonaccrual status, as reported by FDIC.
Understanding the Indicators
Other Real Estate Owned (OREO)
OREO represents real estate already held by financial institutions, generally following foreclosure or another acquisition process. It is a measure of bank-owned real estate reported on financial institution balance sheets.
Mortgage Delinquency
Mortgage delinquency represents loans where borrowers have fallen behind on scheduled payments. Delinquency is an important indicator of financial stress, but a delinquent mortgage is not necessarily in foreclosure.
Nonaccrual Real Estate Loans
Nonaccrual loans are loans on which financial institutions have stopped accruing interest income because of concerns about repayment. These loans represent financial distress but do not necessarily represent properties already acquired by a bank.
Early-Stage Delinquency
Early-stage delinquency identifies mortgages that have become 30–89 days past due. These loans provide an indication of emerging payment difficulties.
Why These Measurements Matter
Taken together, these financial indicators provide insight into the condition of the banking system's real estate exposure.
They help illustrate the relationship between existing bank-owned real estate, mortgage payment distress, and nonperforming real estate lending.
However, they do not represent a direct count of properties currently in foreclosure or available for purchase.
Data Source and Methodology
The financial information presented in this section is derived from publicly available reporting data published by the Federal Deposit Insurance Corporation (FDIC). Financial institutions submit regulatory financial reports that provide information about their assets, loan portfolios, delinquencies, and other financial conditions.
The information presented here is aggregated from applicable FDIC reporting variables and is intended to provide insight into bank-owned real estate and distressed lending conditions.
Financial reporting is generally published quarterly. The date of the most recent successful data retrieval and the underlying financial reporting period are displayed separately.
The information represents reported financial balances and does not constitute a direct count of foreclosures, properties available for sale, or properties physically located in any particular geographic area unless specifically identified as such.
Figures are presented for informational and educational purposes and should not be interpreted as investment advice, a prediction of foreclosure activity, or a representation of the total distressed real estate market.
Method: each figure is the sum, across every FDIC-insured institution filing for the stated quarter, of the FDIC BankFind financial variable(s) listed below, computed by FDIC's own aggregation service and converted from thousands to dollars. The Minnesota view includes only institutions whose reported headquarters state is Minnesota. Variables: Other Real Estate Owned (OREO) — ORE; Seriously Delinquent Mortgages — P9RERES; Nonaccrual Real Estate Loans — NARE; Early-Stage Mortgage Delinquency — P3RERES; Residential (1–4 family) — NARERES; Commercial (nonfarm nonresidential, multifamily, construction) — NARENRES + NAREMULT + NARECONS.
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