Infonavit's delinquent loan portfolio triples to over 410 bn pesos, outpacing Mexico's banking bad debt

The Institute of the National Housing Fund for Workers (Infonavit) reported that its overdue loan portfolio grew from 106.6 billion pesos in 2018 to more than 410 billion pesos by March 2026. The number of loans in arrears rose from 295,544 to 907,850, while total credits increased from 5.16 million to 5.78 million. Despite restructuring about 5 million credits and freezing interest on some loans, the rise in delinquent borrowers (an extra 617,000) outpaced new lending.

High‑risk (category 3) loans – those over 90 days late and previously restructured – surged from 5.62 % of all credits to 15.72 %. The overall delinquency rate jumped from 7.81 % to 21.21 %, a level that now exceeds the total bad‑debt amount of the entire Mexican banking system (approximately 178.8 billion pesos). Institute head Octavio Romero Oropeza, a former Pemex director, said the agency eliminated most eligibility requirements for 1.2 million new housing credits, including the credit‑bureau check, after President Claudia Sheinbaum urged simplification.