Debt Stress

Monthly FHA Loan Endorsements

New FHA-insured purchase and refinance loans endorsed each month, nationwide

What is the current Monthly FHA Loan Endorsements reading?

MONTHLY FHA LOAN ENDORSEMENTS
88K
new FHA-insured home loans endorsed that month

Monthly FHA Loan Endorsements: 87,538 as of July 2026, and rising. Source: U.S. Department of Housing and Urban Development, Federal Housing Administration.

Measurement basis: Count of new FHA-insured single-family forward mortgages (purchase + refinance combined) endorsed in the calendar month, from HUD's monthly Portfolio Snapshot loan-level file. Verified against every row's own Endorsement Year/Month column: this is a flow of that month's new endorsements, not a stock of the active insured portfolio (HUD's separate FHALPT report — fha_all_past_due_hud — covers the ~8.4 million-loan active book). The workbook carries no delinquency, default, claim or loss-mitigation field.

Monthly FHA Loan Endorsements at 87,538

HUD's monthly FHA Portfolio Snapshot file counts new FHA-insured single-family mortgages endorsed that month, split into purchase and refinance loans, down to the state, county and ZIP where the property sits. FHA borrowers skew first-time and lower-income, so this is a monthly read on how many households are financing a home through FHA right now. It is a volume count, not a delinquency or default rate: the source file carries no payment-status field.

Source: U.S. Department of Housing and Urban Development, Federal Housing Administration · Source data ↗
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Monthly FHA Loan Endorsements over time: what has changed?

CSV Chart
Monthly FHA Loan Endorsements
New FHA-insured loans endorsed per month (purchase + refinance), HUD Portfolio Snapshot
Monthly FHA Loan Endorsements
Data: U.S. Department of Housing and Urban Development, Federal Housing Administration Updated Sep 2026

Counties with the highest delinquency scores

These are delinquency scores from our County Distress Index, not county readings of Monthly FHA Loan Endorsements.

1 Coahoma County MS 99.5 2 Leflore County MS 99.4 3 Washington County MS 99.3 4 Williamsburg County SC 99.2 5 Clayton County GA 99.2 6 Yazoo County MS 98.6 7 Dillon County SC 98.5 8 Sunflower County MS 98.5 9 Dallas County AL 98.2 10 Marlboro County SC 98.1
Explore all 3,144 counties →
Historical data
Monthly · U.S. Department of Housing and Urban Development, Federal Housing Administration
Period Value YoY Change
Jul 2026 87.538K +3.939K
Jun 2026 87.492K +9.235K
May 2026 80.572K +6.183K
Apr 2026 80.23K +5.775K
Mar 2026 74.924K +10.72K
Feb 2026 62.313K +2.279K
Jan 2026 74.742K +12
Dec 2025 81.063K +7.905K
Nov 2025 68.555K +916
Oct 2025 83.99K +10.21K
Sep 2025 75.251K +8.141K
Aug 2025 77.01K +5.31K

Frequently Asked Questions

What does Monthly FHA Loan Endorsements measure?

New FHA-insured purchase and refinance loans endorsed each month, nationwide

Why track Monthly FHA Loan Endorsements as a sign of financial distress?

Monthly FHA Loan Endorsements is one of the indicators tracked by the American Distress Index (ADI), which measures five dimensions of U.S. household financial distress: Delinquency, Default & Legal, Debt Burden, Labor, and Safety Net & Buffer. Changes in this indicator contribute to the overall distress picture.

Where does the Monthly FHA Loan Endorsements data come from?

This data comes from U.S. Department of Housing and Urban Development, Federal Housing Administration. More information: https://www.hud.gov/stat/sfh/fha-sf-portfolio-snapshot. The American Distress Index updates this indicator monthly.

Ross Kilburn
Written by

Ross Kilburn, Founder

Former COO of Ark Law Group, a foreclosure defense firm serving five states · founder of Seattle Short Sales · author of Short Sale Your Home
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Ross Kilburn is the former COO of Ark Law Group, a foreclosure defense firm serving five states. He founded Seattle Short Sales, wrote Short Sale Your Home, and worked as a mortgage loan originator and real estate agent. He founded American Default Research in 2026.

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Sources and methodology

American Default Research tracks 105 live indicators of household financial distress, including this one. The methodology page explains where each comes from, how often it updates and how the index uses it.
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