RECORD Number of Americans Have Stopped Paying Their Bills (Mortgages Are Next) [2cbwHDMZJin]
13.4 million American households had their electricity shut off in 2024 — the highest number ever recorded by the U.S. Energy Information Administration. In this video I break down the payment-default hierarchy the Federal Reserve documented after 2008, why credit card, auto loan, utility, and student loan delinquencies are now flashing the exact warning signals that preceded the last housing collapse, and what the Mortgage Bankers Association, Intercontinental Exchange Mortgage Technology, ATTOM Data Solutions, and the major bank earnings reports are telling us about the foreclosure wave already building underneath the 2026 housing market. Free Preforclosure and Foreclosure email alerts: DISCLAIMER: This video content is provided solely for informational, educational, and entertainment purposes. Econofin and its team members are not registered financial advisors. Viewing Econofin's YouTube channel and using any information presented therein is entirely at your own discretion and risk.