This article began as August 2023 commentary about mortgage delinquencies and expectations for foreclosures. Its headline and original graphic expressed an outlook at that time. They are preserved as historical material, not a prediction about today's market or reassurance about an individual household's loan.
The Keeping Current Matters graphic plots Fannie Mae and Freddie Mac series from January 2022 through June 2023. Its measure is the percentage of mortgage loans at least three monthly payments past due or in foreclosure. Those two lines decline over the displayed period. The graphic also prints attributed commentary from CoreLogic economist Molly Boesel and Calculated Risk founder Bill McBride.
The image's present-tense statements and forecast belong to that dated publication. It is not a current series, a count of completed foreclosures, or a Telluride-specific study. Its original source names remain visible, but this article does not independently reconstruct the underlying loan-level data or verify every quotation.
The earlier prose described national observations as findings from Mountain Rose Realty and used them to assert local stability. No supporting Telluride dataset or brokerage research method was supplied. Those attributions and assurances have been removed.
A current analysis would need a defined geography, observation period, loan or property population, and a consistent measure. Delinquency, a foreclosure filing, a scheduled auction and a completed sale are different stages. A regional inventory discussion also cannot determine a particular borrower's payment obligations or available options.
The CFPB's mortgage-payment guidance recommends contacting the mortgage servicer promptly and obtaining help from a HUD-approved housing counseling agency. Gather loan statements, income and expense information, and any notices. Ask the servicer to explain available options, required documents and deadlines for your situation.
For a San Miguel County property, use the Public Trustee's official information for the local administrative process. The office does not provide legal advice; consult an appropriate attorney about case-specific rights and deadlines. Do not wait because an old market graphic sounded reassuring.
For the separate question of a potential property sale, contact Mountain Rose Realty for a dated market discussion. A proposed sale price is not a guaranteed closing, net amount or foreclosure remedy.