FHFA Q1 2012 Foreclosure Prevention Report

Federal Housing Finance Agency
Foreclosure Prevention Report

First Quarter 2012
FHFA Federal Property Manager's Report
This report contains data on foreclosure prevention activity of Fannie Mae and Freddie Mac (the
Enterprises) through March 2012.

First Quarter 2012
Table of Contents
HIGHLIGHTS....................................................................................3
MAKING HOME AFFORDABLE PROGRAM - STATUS UPDATE.............................................4
MORTGAGE PERFORMANCE.................................................5
FORECLOSURE PREVENTION ACTIONS: All Actions Completed.................. 6
Home Retention Actions........................................................................................... 8
Enterprises' Loan Modifications......................................................................................................... 9
Fannie Mae's Loan Modifications.......................................................................................................... 10
Freddie Mac's Loan Modifications......................................................................................................... 12
Home Forfeiture Actions.................................................................................................................14
FORECLOSURES.... 15
REO ACTIVITY & INVENTORY...16
DELINQUENT LOANS BY STATE CHART
17
DELINQUENCY STATUS MAP18
PROFILES OF KEY STATES
19
Key states were selected based on the top rankings for three factors as of March 31, 2012:
Serious delinquency rates of the Enterprises' single-family books;
The number of serious delinquent loans in the Enterprises' single-family portfolios; and
The percentage decline in house prices over the past five years, per FHFA's Seasonally Adjusted,
Purchase-Only House Price Index.
Florida
19
Nevada20
Page 1

First Quarter 2012
Table of Contents (Cont.)

New Jersey 21
Illinois22
Maryland
23
California 24
New York 25
Arizona26
Georgia27
Idaho28
APPENDIX: DATA TABLES......
29
APPENDIX: STATE LEVEL DATA
Single-Family Book Profile by State40
Completed Foreclosure Prevention Actions by State
43
GLOSSARY... 46
Page 2

First Quarter 2012
First Quarter 2012 Highlights
Foreclosure Prevention & Refinance Activities
4Q11
1Q12
36,391
399,808
31,075
413,855
Completed Foreclosure Prevention Actions

Loan Modifications *
71,111
Repayment Plans
41,972
Forbearance Plans
7,103
Charge-offs-in-lieu
512
Home Retention Actions
120,698
Short Sales
31,785
Deeds-in-lieu
3,110
Home Forfeiture Actions
34,895
TOTAL
155,593
60,348
44,636
6,248
507
111,739
30,601
3,759
34,360
146,099
The Enterprises' Completed Foreclosure Prevention Actions:

The Enterprises have completed nearly 2.3 million foreclosure
prevention actions since the start of conservatorship in September
2008. Over 1.9 million of these actions have helped borrowers keep
their homes including more than 1.1 million permanent loan
modifications.
Approximately half of borrowers who received loan modifications in
the first quarter had their monthly payments reduced by over 30
percent.
Nearly one-third of loan modifications in the first quarter included
principal forbearance.
The performance of modified loans remains strong. Fewer than 15
percent of loans modified in the second quarter of 2011 had missed
two or more payments, nine months after modification.
HAMP Active Trials

HAMP Permanent - Cumulative
* Includes HAMP permanent modifications
The Enterprises' Mortgage Performance:

Mortgage performance continues to improve as early stage (30-89
days) and serious delinquency rates declined during the first quarter
of 2012.
The Enterprises' Foreclosures:
Third-party and foreclosure sales decreased slightly while
foreclosure starts increased for the first time since third quarter of
2010.
REO inventory declined as property dispositions increased and
acquisitions decreased during the first quarter.
For an interactive online map that provides state data, click on the following link:
Fannie Mae and Freddie Mac State Borrower Assistance Map
Mortgage Performance (at period end)

(# of loans in thousands)
30-59 Days Delinquent

60-plus-days Delinquent
Serious Delinquent*
Foreclosure Starts
Third-party & Foreclosure Sales
REO Inventory
4Q11
612
1,296
1,105
218
80
179
1Q12
497
1,202
1,052
226
79
173
2.11%
4.46%
3.78%
1.72%
4.15%
3.61%
(Percent of total loans serviced)

Serious Delinquent*
* 90 days or more delinquent, or in the process of foreclosure.
Page 3

First Quarter 2012
Home Affordable Modification Program (HAMP) - Status Update

Home Affordable Modification Program (HAMP)
HAMP Statistics
Announced March 4, 2009.
Cumulative from April 2009 through
Allows a borrowers payment to be reduced to an affordable

amount through an interest rate reduction (down to 2 percent), a
term extension (up to 480 months), or principal forbearance.
Incentives are being offered to borrowers, servicers, and investors
for program participation and a successful payment history.
Approximately 960,900 homeowners have been offered a HAMP

trial modification since the program started in April 2009. Nearly
508,600 of these homeowners have been granted HAMP
permanent modifications.
About 14,000 HAMP trials became permanent modifications in the

first quarter, bringing the total number of active HAMP permanent
modifications to approximately 413,900.
Nearly 31,100 borrowers were in a HAMP trial modification period
Trial Modifications Ever Started

Less:
Trials Disqualified
Trials Cancelled
Permanent Modifications
Trials Remaining Active
Permanent Modifications Started
Less:
Modifications Defaulted
Modifications Paid off
Active Permanent Modifications
4Q11
936,402
1Q12
960,922
(97,039)
(321,794)
(481,178)
36,391
(97,255)
(324,033)
(508,559)
31,075
481,178
508,559
(79,356)
(2,014)
399,808
(92,222)
(2,482)
413,855
Source: HAMP system of record (IR2)
at the end of the quarter, down from 36,400 at the end of the fourth
quarter. The decline was due to conversions to permanent
modifications.
Page 4

First Quarter 2012
Mortgage Performance
Enterprises' 60-plus-days Delinquency Rates
by Original Credit Score
20%
Enterprises' Mortgage Delinquency Rates

8%
6%
15%
12.8%
11.9%
Original Credit Score < 6601
10%
4%
2.9%
4.5%
5%
1.5%
0%
Total
4.5% 4.2%
3.2% 3.0%
2%
3.8%
3.6%
Seriously Delinquent2
2.1%
2.0%
1.7%
Original Credit Score >= 660
0.9%
0%
Serious Delinquency Rates2

Enterprises versus Mortgage Industry
35%
4.5% 4.2%
3.6%
60-plus-days Delinquency Rates

8%
30%
25%
24.4%
23.2%
6%
Fannie Mae
4.7%
4.3%
4.1%
3.9%
Subprime Loans
20%
4%
16.4%
15%
10%
5.59%
5%4.0%
2.9%
0%1.0%
Freddie Mac
9.0% 9.0% FHA
7.7% 7.4%
4.6%Industry
4.7%
2% 1.7%
1.1%
VA
3.8% 3.6%GSEs
0%
Source: Fannie Mae and Freddie Mac; National Delinquency Survey from MBA - First Quarter 2012
1
2
Includes loans with missing original credit score.

90 days or more delinquent, or in the process of foreclosure.
Page 5

First Quarter 2012
Foreclosure Prevention Activity: All Actions Completed

Since conservatorship, the Enterprises have completed nearly 2.3 million foreclosure prevention actions.
More than 1.1 million of these actions have been permanent loan modifications and another 777,400 have
been other forms of assistance that have allowed troubled homeowners to save their homes. Approximately
339,000 of the actions have been short sales and deeds-in-lieu which resulted in borrowers leaving their
homes without going through the foreclosure process.

Conservatorship
to Date1
Full Year
2009
Full Year
2010
Full Year
2011
1Q12
142,360
25,227
2,247
39,199
163,647
185,954
63,024
3,118
5,191
575,022
181,558
34,423
2,263
322,108
44,636
6,248
507
60,348
567,817
131,038
8,408
70,178
1,144,902
372,680
832,309
540,352
111,739
1,922,343
Nonforeclosure - Home Forfeiture Actions

Short Sales
55,447
2,971
Deeds-in-lieu
107,953
6,043
115,237
10,231
30,601
3,759
315,430
23,544
58,418
113,996
125,468
34,360
338,974
431,098
946,305
665,820
146,099
2,261,317

Repayment Plans
Forbearance Plans
Charge-offs-in-lieu
HomeSaver Advance (Fannie)
Loan Modifications
Total
Total
Total Foreclosure Prevention
Actions
1
Since the first full quarter in conservatorship (4Q08).
Page 6

First Quarter 2012
Foreclosure Prevention Activity: All Actions Completed

The Enterprises completed approximately 146,100 foreclosure prevention actions in the first quarter. The
vast majority of these actions allowed troubled homeowners to save their homes, including 60,300
permanent loan modifications.
300
31
250
Number of loans in thousands
24
18
200
21
31
46
14
11
56
34
150
28
50
Other 1
100
18
16
16
15
15
13
5
32
138
25
37
32
8
46
31
7
49
35
34
7
42
147
81
84
71
Short Sales &

Deeds-in-lieu
Repayment
Plans2
60
Loan
Modifications
37
Home Forfeiture
Actions
Forbearance
Plans2
45
120
86
58
32
171
46
39
13
24
45
17
13
13
20
10
50
28
Home Retention
Actions
1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12
1
2
Consists of HomeSaver Advance (Fannie Mae) and Charge-offs-in-lieu.

Include loans that were 30+ days delinquent at initiation of the plan. In addition, the completed forbearance plans data have been revised to exclude HAMP.
Page 7

First Quarter 2012
Foreclosure Prevention Activity: Home Retention Actions

Approximately 60,300 loan modifications were completed in the first quarter, bringing the total number of
permanent modifications to more than 1.1 million since the start of conservatorship in September 2008. In
addition, the Enterprises completed more than 44,600 repayment plans and 6,200 forbearance plans to
help delinquent borrowers cure their mortgage arrears during the quarter.
Loan Modifications Completed
Repayment and Forbearance Plans Completed
(Number of loans in thousands)
(Number of loans in thousands)
200
80
150
60
Repayment Plans
42
100
45
40
Total
71
52
50
60
47
20
18
Fannie Mae
16
11
0 4
19
7
14
Freddie Mac
Forbearance Plans
Page 8

First Quarter 2012
Enterprises' Loan Modifications
Nearly one-third of borrowers who received loan modifications in the first quarter had portions of their mortgage balance
forborne.
The performance of modified loans remains strong. Fewer than 15 percent of loans modified in the second quarter of 2011
had missed two or more payments, nine months after modification.
Type of Modification
100%
80%
9%
4%
9%
3%
17% 19%
7%
8%
5%
6%
7%
4%
2%
9%
21%
18%
34%
9%
60%
40%
9%
Other
6%
70% 68%
65%
56%
20%
30%
31% 30% 28% 31%
1%
1%
1%
18%
24% 20%
12%
12%
11%
4% 4% 6% 7% 9%
4% 12% 12%
32%
12%
32%
9%
21% 22% 29%
44% 47% 48% 46%
37% 37% 34% 35% 38%
Reduce Rate
Only
Size of Payment Change

100%
15%
6%
Reduce Rate &

Extend Term
11%
14%
31%
28%
0%
Decrease
> 30%
17%
16%
32%
40% 82%
70%
31%
53%
32%
38%
16% 16%
25%
20%
23%
16% 12% 13% 15% 13%
21% 21%
16% 16% 18% 20% 21%
23%
23% 26% 27%
21%
26% 24%
7% 8% 11% 8% 6% 6% 5% 4%
Decrease
20% <=30%
Decrease
<=20%
No Change
Increase
Modified Loans - 60-plus-days Re-Delinquency Rates

100%
78%
Three Months after Modification
20%
55%
46% 47% 50%

53% 49% 51% 49%
34% 36% 26%
60%
Modified Loans - Current and Performing
80%
40%
48%
0%
100%
60%
23%
43%
25%
0%
18% 19%
21%
80%
Extend Term
Only
Reduce Rate,
Extend Term &
Forbear
Principal
4%
59% 57% 60%

52%
37%
49% 47% 49%

34% 35%
39%
28% 28% 28% 30%
44% 44%
48% 64%
45%
34%
69%
81% 80% 79% 81%

73% 74%
68%
71%
84% 84% 83% 84%
78% 78% 78%

75% 77%
73%
75%
72% 74%
80%
60%
Six Months after modification
40%
38%
Nine Months after Modification
39%
41%
42%
42% 40% 39%
36%
38% 37%
20%
0%

33% 35% 33%
35%
Six Months after Modification
20%
31%
18%
25% 28%
16% 15%
21% 24%
14%
20%
19% 16% 13%
13% 15%
12% 11% 13% 11%
13%
17%
11%
Three Months after Modification 9%
7%
8% 9% 10% 8%
7% 7%
7%
Page 9

First Quarter 2012
Fannie Mae's Loan Modifications*

Type of Modification Other

100%
10% 9%
10%
80%
5%
7% 10%
5%
5%
7%
5% 11%
22%
12% 10% 24%
13%
6%
60%
35% 35%
35%
17% 16%
17% 15%
Reduce Rate
Only
12%
Extend Term
Only
32%
11%
10%
2%
14%
67%
34%
40%
9%
40%
0%
4%
36% 35%
Reduce Rate,
Extend Term &
Forbear
Principal
73% 72%
80%
8%
5%
11%
21%
14%
36%
21% 23%
27%
46% 49%
20%
28%
60%
41% 42% 38%

37% 37% 34% 36% 39%
Reduce Rate &

Extend Term
29%
17%
41%
35%
53%
35%
16% 16%
35% 24%
20%
22%
19% 19%
15%
0%

100%
80%
54%
16%
25%
0%
58% 56% 54% 57%
Decrease
> 30%
48% 48% 51%
28%
40% 83%
67%
55%
20%
14%
29%
5%
25% 33%
18% 24%
100%
15%
19%
15% 18%
20%
22% 23%
24% 27% 26%
23%
Decrease
20% <=30%
24%
Decrease
<=20%
No Change
10% 9% 14% 13% 6% 8% 11%

6% 3% 3% 3% 2%
Increase

100%
78%
81%
80% 79%
78%
83% 83% 83% 83%
78% 78% 78%

75% 76%
73%
71%
69%
73% 71% 73% 75%
62% 63%
71%
58%
65%
Six Months after modification
55%
64%
50%
49%
47%
45%
44% 42%
40%
44%
36%
43%
33%
30%
36%
31%
27% 27% 27%
80%
60%
40%
20%
0%
60%
47%
51% 52% 50%
47%

41%
40%
44% 44%
39%
37%
31%
20%
0%
27%
36%
33%
39%
36%

22% 21%
17% 16% 17%

15% 14%
21% 17%
15% 15%
14%13% 12% 12% 11%
9%
9% 9% 11% 9%
8% 8% 8% 7%
21%
24%
* Modified loans data may not tie to Fannie Mae's financial statements due to timing differences in reporting systems.
19% 18%
Page 10

First Quarter 2012
Fannie Mae's HAMP and Non-HAMP Performance

Loans modified through HAMP perform better after modification compared with Non-HAMP modifications.
Modified Loans - Performance Three Months after Modification
HAMP
Non-HAMP
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11
Current and Performing
86%
80%
78%
81%
86%
86%
86%
87%
74%
78%
79%
80%
80%
78%
80%
81%
7%
11%
12%
10%
8%
8%
8%
7%
16%
12%
11%
11%
11%
11%
11%
11%
60+ Days Delinquent
7%
9%
11%
10%
6%
6%
6%
6%
60+ Days Delinquent
9%
10%
10%
8%
9%
11%
9%
8%
Modified Loans - Performance Six Months after Modification

HAMP
Non-HAMP
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11
81%
76%
77%
79%
81%
81%
82%
62%
70%
74%
75%
73%
71%
75%
9%
12%
10%
10%
10%
9%
9%
17%
13%
12%
12%
13%
13%
12%
60+ Days Delinquent
9%
13%
13%
11%
9%
10%
9%
60+ Days Delinquent
21%
16%
14%
13%
14%
15%
13%
Modified Loans - Performance Nine Months after Modification

HAMP
Non-HAMP
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11
76%
74%
76%
76%
77%
78%
55%
67%
71%
69%
68%
69%
60+ Days Delinquent
13%
19%
13%
13%
13%
12%
60+ Days Delinquent
28%
24%
17%
17%
18%
17%
Page 11

First Quarter 2012
Freddie Mac's Loan Modifications*

Type of Modification
100%
80%
7%
9% 10%
13% 12%
6%
6%
4%
3%
5%
5%
3%
17% 13%
27% 28% 28%

28% 30%
26%
43%
60%
Other
3%
16%
21%
14% 22%
19%
7%
100%
16% 9% 11%
Reduce Rate
Only
22%
10%
16%
16% 15%
11%
33%
80%
20%
47% 47% 43%
36%
12% 16%
9%
15% 15%
16% 15%
Extend Term
Only
26%
37% 40%
16%
40%
72%
23%
18% 21%
64% 63%
59% 62% 62%
63%
41%
20%
18%
17%
44%
40% 81%
39% 36%
33% 31% 35%
16% 17%
74%
30%
30%
24% 26% 27%
20%
25%
24%
18%
0%
17% 17%
16% 16%
15%
31%
29%
16% 14%
0%
18%
Decrease
20% <=30%
28%
53%
Reduce Rate &

Extend Term
46%
Decrease
> 30%
37% 41%
60%
17%
Reduce Rate,
Extend Term &
Forbear
Principal
42% 43% 44%
29% 28% 28% 27%
25%
4%
4%
11% 9% 8% 11% 11% 11% 12% 12% 12%
Decrease
<=20%
No Change
Increase

100%
100%
86%
80%
60%
85% 85% 84% 85%

82% 81% 81%
77% 80%
79% 79%
78%
76% 76% 79% 74% 74%
76%
76%
66%
72%
73%
73%
57% 55%
57%
50%
47%
42%
39% 36% 38%
40%
43%
53%
51%
41%
65%
48%
80%
60%
36%
40%

32%
20%
30% 30% 29%
27%
34% 35%
21%
20%
0%
36% 38%
36%
31%
30%
22% 22%
22%
36% 28%

27%
25% 17%
11% 12% 11% 13% 13% 12%

10% 10% 10% 9%
9%
7% 6% 5%
6% 7%
13%
Three Months after
9%
14%
10% Modification
9% 6%
7%
18%
0%
34%
39%
* Modified loans data may not tie to Freddie Mac's financial statements due to timing differences in reporting systems.
10%
5% 5%
Page 12

First Quarter 2012
Freddie Mac's HAMP and Non-HAMP Performance

Loans modified through HAMP perform better after modification compared with Non-HAMP modifications.
Modified Loans - Performance Three Months after Modification
HAMP
Non-HAMP
4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11
4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11
83%
88%
84%
82%
82%
87%
88%
87%
89%
72%
78%
78%
79%
80%
83%
81%
79%
79%
9%
7%
10%
12%
11%
8%
8%
9%
8%
18%
13%
14%
12%
12%
10%
11%
12%
12%
60+ Days Delinquent
8%
5%
6%
6%
7%
5%
4%
4%
3%
60+ Days Delinquent
10%
9%
8%
7%
7%
7%
8%
9%
9%
Modified Loans - Performance Six Months after Modification

HAMP
Non-HAMP
4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11
4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11
84%
84%
79%
79%
82%
83%
84%
83%
62%
67%
66%
70%
76%
72%
71%
70%
9%
9%
13%
12%
10%
10%
10%
10%
21%
18%
19%
16%
13%
15%
15%
15%
60+ Days Delinquent
7%
7%
8%
9%
8%
7%
6%
7%
60+ Days Delinquent
17%
15%
15%
14%
11%
13%
14%
16%
Modified Loans - Performance Nine Months after Modification

HAMP
Non-HAMP
4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11

79%
80%
76%
79%
78%
80%
80%
60+ Days Delinquent
10%
9%
10%
10%
10%
9%
8%
4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11

53%
59%
61%
68%
69%
66%
65%
60+ Days Delinquent
23%
20%
18%
15%
15%
18%
18%
Page 13

First Quarter 2012
Foreclosure Prevention Activity: Home Forfeiture Actions

Approximately 34,400 short sales and deeds-in-lieu were completed in the first quarter, bringing the total to
nearly 339,000 since the start of conservatorship. The Enterprises continue to offer short sales and deeds-inlieu as options for borrowers who can no longer afford their mortgages to avoid going through the foreclosure
process. These foreclosure alternatives help to reduce the severity of losses resulting from a borrowers
default and minimize the impact of foreclosures on borrowers, communities, and neighborhoods.
35
3
30
3
2
Deeds-In-Lieu
4
25
20
Short Sales
32
15
29
29
29
26
31
28
26
23
10
19
17
12
Page 14

First Quarter 2012
Foreclosures
The Enterprises' third-party and foreclosure sales declined slightly while foreclosure starts increased for the
first time since third quarter of 2010.
400
339
300
310
299
Foreclosure Starts
275
254
244
243
260
246
251
224
218
79
80
226
200
133
109
150
138
117
112
98
100
31
38
47
57
35
41
70
78
77
88
94
79
Completed Third-party & Foreclosure Sales
0
Page 15

First Quarter 2012
Real Estate Owned (REO) Activity & Inventory

The Enterprises' REO inventory continued to decline in the first quarter due to increases in property
dispositions and decreases in property acquisitions.
REO Inventory by State

(Number in thousands)
250
7
15
27
200
5
13
150
100
4
7
6
13
50
22
39
4
7
7
14
4
8
8
15
4
9
10
18
4
11
20
14
25
28
6
14
19
30
28
30
7
11
13
28
52
51
22
Nevada
5
8
12
4
6
13
23
20
3
5
15
Arizona
Florida
17
California
49
44
45
43
45
93
91
91
47
39
Selected Midwest
States*
32
29
111
25
41
6
13
49
59
74
86
109
100
All Other States

86
0
1Q09 2Q09
2Q09 3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
1Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
Acquisitions
39,362 54,092 65,332 71,938 91,341 103,500 124,402 69,733 78,256 78,485
Dispositions
(40,724) (48,294) (49,238) (54,144) (58,723) (75,832) (74,206) (76,849) (94,441) (100,550
Inventory (at period end) 91,516 97,314 113,408 131,202 163,820 191,488 241,684 234,568 218,383 196,318
REO Activity
Select Midwest states are Illinois, Indiana, Michigan and Ohio
3Q11
3Q11
4Q11
1Q12
4Q11
1Q12
69,572 72,014 71,505
(83,678) (75,163) (77,104)
182,212 179,063 173,464
Page 16

First Quarter 2012
State Level Data

First Quarter 2012
Delinquent Loans by State
A substantial number of the Enterprises' delinquent borrowers are deeply (365+ days) delinquent. At the end of the first
quarter, more than half of the serious delinquent (90+ days delinquent) borrowers have missed more than one year of
mortgage payments. In Florida, the number of loans that have been delinquent for one year or more exceeds the total
number of delinquent loans in every other state except California.
Delinquent Loans by State - As of March 31, 2012

300
250
30-59 Days DLQ*

200
60-89 Days DLQ
162
90-179 Days DLQ

150
180-364 Days DLQ
34
365+ Days DLQ

100
33
37
39
25
7
11
8 45 3
5
3
10 4 12
7
13
37
8
6
9
9
9
9
38
22 9
18
10
19
11
8
12
10
6
4
22 3 2
11 1
1
4
2
17
24
1
7
8
9
7
9
6 7
3
5 6
4 4
4
4
20 3
9 11 5
8 12 12 3
2
11
11
8
7
6
9 11
8
10
6
8 25
19
4
16 3
1
5
3
3 5
11
8
6
19
2
18
18
9
7
7
9
6
5
3
5 21
10
6
2
13
4
4
4 32
10
5
5
5
4
12
9
6
6
5
3
6
10 7
AK
AL
AR
AZ
CA
CO
CT
DC
DE
FL
GA
HI
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
VT
WA
WI
WV
WY
Other **
50
38
* Includes
**
other loans that cannot be categorized due to missing attributes.

Consists of Guam, Puerto Rico, Virgin Islands and other loans for which data are not available.
Page 17

First Quarter 2012
Serious Delinquency Rates of Single-Family Mortgages*

For an interactive online map that provides state data, click on the following link:
Fannie Mae and Freddie Mac State Borrower Assistance Map
* Loans that have missed three or more payments or are in foreclosure.
The following pages provide detailed information about states with the biggest five-year decline in
house prices and the highest number and rate of seriously delinquent loans as of March 31, 2012.
Page 18

First Quarter 2012
Florida
Single-Family Book Profile - As of March 31, 2012
Fannie Mae Freddie Mac
Delinquent Loans
Total
173
98
271
Current Loans
1,071
642
1,713
Total Loans Serviced
1,243
740
1,983
Delinquent Loans
300
292
2010
2011
1Q12
271
250
200
365+ Days Delinquent
166
162
150
100
36
27
50
Conservatorship
to Date1
37
17
22 90-179 Days Delinquent

13 60-89 Days Delinquent
45
37
Dec-11
Mar-12
Repayment Plans
12,464
11,456
2,523
35,804
Forbearance Plans
6,840
3,667
864
12,919
Loan Modifications
Other
64,733
385
43,190
79
8,206
24
136,312
3,759
Total
84,422
58,392
11,617
188,793

25,705 29,738
Short Sales & Deeds-in-lieu
Total Foreclosure
Prevention Actions
110,127
88,130
7,888
76,164
19,505
264,957
Generally
targeted
at loans that are
less than 6
months
delinquent.
Generally
targeted
at loans that are
more than 6
months
delinquent.

1
Since the first full quarter in conservatorship (4Q08). Freddie Mac's data excludes repayment and
forbearance plans completed in 4Q08 and 2009. Fannie Mae's data excludes HomeSaver Advance,
charge-offs-in-lieu, short sales and deeds-in-lieu completed in 4Q08.
Page 19

First Quarter 2012
Nevada
Delinquent Loans
Total
17
13
30
Current Loans
161
97
258
178
109
287
Delinquent Loans
40

2010
33
11
10
20
10
Conservatorship
to Date1
Repayment Plans
1,566
1,430
244
4,294
Forbearance Plans
1,335
685
103
2,283
Loan Modifications
Other
13,729
32
7,282
5
1,110
0
25,859
437
Total
16,662
9,402
1,457
32,874

6,398
6,324
Total Foreclosure
Prevention Actions
8
5
1Q12
30
30
2011
Dec-11
Mar-12
22,986
15,800
1,767
16,441
3,224
49,315
Generally
targeted
at loans that are
less than 6
months
delinquent.
Generally
targeted
at loans that are
more than 6
months
delinquent.
Page 20

First Quarter 2012
New Jersey
Delinquent Loans
Total
53
28
81
Current Loans
515
306
821
568
334
901
Delinquent Loans
100
2010
84
80
37
60
40
11
9
20
8
20
38
16
1Q12
Conservatorship
to Date1
81
11
2011
Repayment Plans
6,034
5,773
1,402
16,936
Forbearance Plans
2,107
1,323
342
4,194
Loan Modifications
Other
19,657
127
11,656
9
2,692
3
39,715
1,259
Total
27,924
18,761
4,439
62,103

2,675
2,218
Total Foreclosure
Prevention Actions
30,142
21,436
783
6,865
5,222
68,968
Generally
targeted
at loans that are
less than 6
months
delinquent.
Generally
targeted
at loans that are
more than 6
months
delinquent.
Dec-11
Mar-12
Page 21

First Quarter 2012
Illinois
Delinquent Loans
Total
61
39
100
Current Loans
740
549
1,289
801
588
1,389
Delinquent Loans
120
2010
111
100
100
39
80
18
14
10
20
27
12
8
22
1Q12
Conservatorship
to Date1
Repayment Plans
7,606
7,393
1,854
22,353
Forbearance Plans
3,722
2,050
475
6,866
Loan Modifications
Other
31,742
290
19,323
93
3,808
27
63,189
2,040
Total
43,361
28,859
6,164
94,448
19
40
2011
42
60

5,857
4,478
Total Foreclosure
Prevention Actions
47,839
34,716
1,909
14,382
8,073
108,830
Generally
targeted
at loans that are
less than 6
months
delinquent.
Generally
targeted
at loans that are
more than 6
months
delinquent.
Dec-11
Mar-12
Page 22

First Quarter 2012
Maryland
Delinquent Loans
Total
28
18
46
Current Loans
377
252
629
405
270
675
Delinquent Loans
60
50
40
30
2010
50
46
17
17
7
6
20
10
5
15
12
Dec-11
Mar-12

Repayment Plans
Forbearance Plans
Loan Modifications
Other
Total
2011
1Q12
Conservatorship
to Date1
4,579
1,737
17,497
137
4,567
1,180
10,105
2
1,010
248
1,981
5
13,238
3,503
34,915
1,157
23,950
15,854
3,244
52,814

2,381
1,912
Total Foreclosure
25,862 18,235
Prevention Actions
783
6,147
4,027
58,961
Generally
targeted
at loans that are
less than 6
months
delinquent.
Generally
targeted
at loans that are
more than 6
months
delinquent.
Page 23

First Quarter 2012
California
Fannie Mae
Delinquent Loans
Freddie Mac
Total
93
62
155
Current Loans
2,253
1,168
3,422
2,347
1,230
3,577
Delinquent Loans
200
2010
174
150
37
155
34
33
33
100
29
21
50
54
25
18
45

Repayment Plans
Forbearance Plans
Loan Modifications
Other
Total
2011
1Q12
Conservatorship
to Date1
15,036
9,045
94,050
288
14,175
4,909
52,499
18
3,073
845
8,303
2
40,737
16,006
178,177
2,824
118,419
71,601
12,223
237,744

22,046 22,527
Total Foreclosure
140,465 94,128
Prevention Actions
6,053
60,659
18,276
298,403
Generally
targeted
at loans that are
less than 6
months
delinquent.
Generally
targeted
at loans that are
more than 6
months
delinquent.

1
Dec-11
Mar-12
Page 24

First Quarter 2012
New York
Delinquent Loans
Total
58
33
91
Current Loans
783
481
1,264
842
514
1,356
Delinquent Loans
120
100
80
2010
99
91
38
38
60
40
20
11
11
11
10
30
25
Dec-11
Mar-12

Repayment Plans
Forbearance Plans
Loan Modifications
Other
Total
2011
1Q12
Conservatorship
to Date1
7,466
2,829
22,411
184
7,321
1,641
14,509
25
1,978
397
3,650
14
21,550
5,410
45,913
1,554
32,890
23,496
6,039
74,428

1,668
1,456
Total Foreclosure
34,346 25,164
Prevention Actions
482
4,270
6,521
78,698
Generally
targeted
at loans that are
less than 6
months
delinquent.
Generally
targeted
at loans that are
more than 6
months
delinquent.
Page 25

First Quarter 2012
Arizona
Delinquent Loans
Total
25
18
42
Current Loans
422
262
684
447
279
726
Delinquent Loans
60
50
2010
49
8
40
10
30
42
7

11
10
20
10
6
15
12
Dec-11
Mar-12

Repayment Plans
Forbearance Plans
Loan Modifications
Other
Total
2011
1Q12
Conservatorship
to Date1
4,185
2,840
28,160
127
3,740
1,355
12,307
24
783
193
1,816
3
11,496
4,845
51,438
1,316
35,312
17,426
2,795
69,095

9,913 11,469
Total Foreclosure
45,225 28,895
Prevention Actions
3,179
29,350
5,974
98,445
Generally
targeted
at loans that are
less than 6
months
delinquent.
Generally
targeted
at loans that are
more than 6
months
delinquent.
Page 26

First Quarter 2012
Georgia
Delinquent Loans
Total
38
25
63
Current Loans
522
365
886
559
390
949
Delinquent Loans
80
2010
72
10
60
10
12
40
10
10
11
24
Conservatorship
to Date1
Repayment Plans
7,270
7,694
1,918
22,033
Forbearance Plans
3,020
1,884
314
5,924
Loan Modifications
Other
25,930
305
14,651
98
2,522
19
51,524
2,333
Total
36,526
24,327
4,773
81,815
Generally
targeted
at loans that are
less than 6
months
delinquent.

20
30
1Q12
63
2011

2,645
2,306
Total Foreclosure
Prevention Actions
38,832
26,972
771
6,892
5,544
88,707
Generally
targeted
at loans that are
more than 6
months
delinquent.
Dec-11
Mar-12
Page 27

First Quarter 2012
Idaho
Delinquent Loans
95
69
165
100
73
173
Current Loans
Total
Delinquent Loans
10

2010
9
8
8
2
2
2
1
1
1Q12
Conservatorship
to Date1
2
6
2011
Repayment Plans
1,088
1,066
264
3,108
Forbearance Plans
359
250
40
742
Loan Modifications
Other
2,747
26
1,715
3
301
0
5,656
258
Total
4,220
3,034
605
9,764

1,276
1,049
Total Foreclosure
Prevention Actions
5,269
4,310
328
3,303
933
13,067
Generally
targeted
at loans that are
less than 6
months
delinquent.
Generally
targeted
at loans that are
more than 6
months
delinquent.
Dec-11
Mar-12
Page 28

First Quarter 2012
Appendix: Data Tables
1(i) Enterprises Combined - Mortgage Performance (at period end)

1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
30,353
25,578
4,775
30,411
25,722
4,689
30,629
26,044
4,586
30,509
26,022
4,487
30,454
26,052
4,401
30,265
25,963
4,302
29,896
25,711
4,185
29,717
25,641
4,076
29,787
25,802
3,985
29,606
25,707
3,899
29,325
25,509
3,817
29,045
25,320
3,725
28,954
25,309
3,644
1,715
952
763
2,009
1,126
882
2,321
1,341
980
2,494
1,468
1,026
2,355
1,419
936
2,288
1,372
916
2,196
1,313
882
2,148
1,284
863
1,936
1,178
758
1,938
1,169
769
1,923
1,163
761
1,909
1,150
758
1,699
1,044
655
30 - 59 Days Delinquent
615
316
299
682
353
329
734
404
330
725
406
318
609
345
264
664
370
294
682
378
303
659
362
298
553
307
246
605
331
274
607
336
271
612
336
277
497
277
220
254
137
117
269
140
129
310
171
139
310
176
135
259
154
105
255
145
110
258
144
114
247
136
111
201
116
85
206
115
92
213
119
94
210
116
94
168
97
71
1,100
636
464
1,327
774
553
1,587
937
650
1,769
1,061
708
1,746
1,074
672
1,624
1,001
622
1,514
935
579
1,488
923
565
1,382
871
511
1,333
838
495
1,316
827
489
1,296
814
482
1,202
767
435
5.65%
3.72%
15.98%
6.61%
4.38%
18.82%
7.58%
5.15%
21.37%
8.17%
5.64%
22.87%
7.73%
5.45%
21.26%
7.56%
5.28%
21.30%
7.34%
5.11%
21.09%
7.23%
5.01%
21.18%
6.50%
4.57%
19.01%
6.54%
4.55%
19.72%
6.56%
4.56%
19.93%
6.57%
4.54%
20.36%
5.87%
4.13%
17.98%
2.03%
1.24%
6.27%
2.24%
1.37%
7.02%
2.40%
1.55%
7.20%
2.38%
1.56%
7.09%
2.00%
1.32%
6.00%
2.19%
1.43%
6.84%
2.28%
1.47%
7.25%
2.22%
1.41%
7.31%
1.86%
1.19%
6.18%
2.04%
1.29%
7.02%
2.07%
1.32%
7.10%
2.11%
1.33%
7.42%
1.72%
1.09%
6.04%
0.84%
0.54%
2.46%
0.88%
0.55%
2.75%
1.01%
0.66%
3.04%
1.02%
0.68%
3.00%
0.85%
0.59%
2.39%
0.84%
0.56%
2.55%
0.86%
0.56%
2.73%
0.83%
0.53%
2.72%
0.67%
0.45%
2.13%
0.70%
0.45%
2.35%
0.73%
0.47%
2.46%
0.72%
0.46%
2.52%
0.58%
0.38%
1.96%
3.62%
2.48%
9.71%
4.36%
3.01%
11.80%
5.18%
3.60%
14.17%
5.80%
4.08%
15.78%
5.73%
4.12%
15.26%
5.36%
3.86%
14.46%
5.06%
3.64%
13.83%
5.01%
3.60%
13.87%
4.64%
3.38%
12.82%
4.50%
3.26%
12.70%
4.49%
3.24%
12.82%
4.46%
3.22%
12.93%
4.15%
3.03%
11.93%
Serious Delinquency Rate
2.85%
3.52%
4.20%
4.82%
4.93%
4.58%
4.26%
4.23%
4.02%
3.85%
3.81%
3.78%
3.61%
In Bankruptcy
0.29%
0.33%
0.36%
0.37%
0.39%
0.42%
0.47%
0.50%
0.51%
0.54%
0.54%
0.58%
0.60%

Total Delinquent Loans
Percent of Total Loans Serviced

Page 29

First Quarter 2012
1(ii) Fannie Mae - Mortgage Performance (at period end)

1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
18,131
15,144
2,987
18,221
15,274
2,947
18,360
15,480
2,879
18,284
15,469
2,816
18,234
15,475
2,759
18,109
15,419
2,691
17,946
15,331
2,615
17,933
15,383
2,550
18,022
15,529
2,493
17,917
15,480
2,437
17,778
15,392
2,386
17,721
15,391
2,330
17,765
15,484
2,281
1,139
632
507
1,335
747
588
1,518
870
648
1,636
957
679
1,549
930
620
1,493
892
602
1,419
844
575
1,382
822
560
1,249
756
492
1,248
748
500
1,233
741
492
1,214
727
487
1,078
660
418
397
203
195
438
225
213
452
242
210
453
250
203
384
214
170
424
233
191
434
237
197
419
225
194
351
191
160
384
207
177
386
211
175
387
209
178
318
175
143
170
91
79
177
92
85
197
107
90
196
110
86
166
98
68
164
93
71
165
91
74
158
86
72
127
72
54
130
71
59
134
74
60
133
72
60
106
60
45
742
429
313
897
522
375
1,066
628
439
1,183
707
476
1,166
715
450
1,070
659
411
985
607
377
964
597
367
898
565
333
864
541
323
847
531
316
828
518
309
760
485
276
6.28%
4.17%
16.98%
7.33%
4.89%
19.96%
8.27%
5.62%
22.51%
8.95%
6.19%
24.12%
8.50%
6.01%
22.47%
8.25%
5.78%
22.36%
7.91%
5.51%
21.97%
7.71%
5.34%
21.97%
6.93%
4.87%
19.76%
6.96%
4.83%
20.51%
6.94%
4.82%
20.61%
6.85%
4.73%
20.89%
6.07%
4.26%
18.34%
2.19%
1.34%
6.51%
2.40%
1.47%
7.24%
2.46%
1.57%
7.28%
2.48%
1.61%
7.22%
2.10%
1.38%
6.15%
2.34%
1.51%
7.09%
2.42%
1.54%
7.54%
2.34%
1.46%
7.59%
1.95%
1.23%
6.41%
2.14%
1.34%
7.27%
2.17%
1.37%
7.35%
2.18%
1.36%
7.63%
1.79%
1.13%
6.25%
0.94%
0.60%
2.66%
0.97%
0.60%
2.90%
1.07%
0.69%
3.11%
1.07%
0.71%
3.06%
0.91%
0.63%
2.47%
0.91%
0.60%
2.66%
0.92%
0.60%
2.82%
0.88%
0.56%
2.82%
0.70%
0.47%
2.18%
0.73%
0.46%
2.41%
0.75%
0.48%
2.51%
0.75%
0.47%
2.58%
0.59%
0.39%
1.99%
4.09%
2.83%
10.47%
4.92%
3.42%
12.72%
5.81%
4.05%
15.23%
6.47%
4.57%
16.90%
6.39%
4.62%
16.32%
5.91%
4.27%
15.27%
5.49%
3.96%
14.43%
5.37%
3.88%
14.38%
4.98%
3.64%
13.35%
4.82%
3.50%
13.24%
4.76%
3.45%
13.26%
4.67%
3.37%
13.26%
4.28%
3.13%
12.09%
3.15%
3.94%
4.72%
5.38%
5.47%
4.99%
4.56%
4.48%
4.27%
4.08%
4.00%
3.91%
3.67%
In Bankruptcy
0.33%
0.38%
0.40%
0.41%
0.42%
0.46%
0.51%
0.54%
0.54%
0.57%
0.56%
0.62%
0.65%


Page 30

First Quarter 2012
1(iii) Freddie Mac - Mortgage Performance (at period end)

1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
12,222
10,434
1,788
12,191
10,448
1,742
12,269
10,563
1,706
12,225
10,553
1,672
12,220
10,577
1,642
12,156
10,544
1,612
11,950
10,381
1,569
11,784
10,258
1,526
11,765
10,273
1,493
11,689
10,227
1,462
11,547
10,116
1,431
11,324
9,929
1,395
11,189
9,826
1,364
576
320
256
674
379
294
803
471
332
858
511
347
805
489
316
795
480
315
777
469
308
765
462
303
687
422
265
690
421
269
690
421
269
694
423
271
621
384
237
218
113
105
244
128
116
282
161
120
272
157
115
225
131
94
241
138
103
248
142
106
240
136
104
202
115
87
221
124
96
221
125
96
226
127
99
179
102
78
84
46
38
92
49
43
114
64
50
114
66
48
93
56
37
90
52
38
93
53
40
90
51
39
74
43
31
76
43
33
79
45
34
78
44
34
62
36
26
358
207
151
430
251
178
521
310
211
586
354
232
580
358
222
554
343
211
529
327
201
525
326
199
485
306
178
469
296
173
469
296
173
469
296
173
442
282
159
4.71%
3.07%
14.31%
5.53%
3.63%
16.90%
6.54%
4.46%
19.44%
7.02%
4.84%
20.77%
6.59%
4.63%
19.24%
6.54%
4.55%
19.52%
6.50%
4.52%
19.61%
6.49%
4.51%
19.85%
5.84%
4.11%
17.75%
5.90%
4.11%
18.40%
5.98%
4.16%
18.78%
6.13%
4.26%
19.46%
5.55%
3.91%
17.38%
1.78%
1.09%
5.86%
2.00%
1.23%
6.65%
2.30%
1.53%
7.06%
2.22%
1.48%
6.87%
1.84%
1.24%
5.75%
1.98%
1.30%
6.40%
2.08%
1.37%
6.78%
2.04%
1.33%
6.83%
1.72%
1.12%
5.80%
1.89%
1.22%
6.59%
1.91%
1.24%
6.70%
1.99%
1.28%
7.08%
1.60%
1.04%
5.70%
0.69%
0.44%
2.14%
0.76%
0.47%
2.48%
0.93%
0.61%
2.91%
0.93%
0.62%
2.89%
0.76%
0.53%
2.27%
0.74%
0.49%
2.38%
0.78%
0.51%
2.58%
0.76%
0.49%
2.56%
0.63%
0.42%
2.05%
0.65%
0.42%
2.25%
0.68%
0.44%
2.38%
0.68%
0.44%
2.43%
0.56%
0.37%
1.91%
2.93%
1.98%
8.46%
3.52%
2.40%
10.24%
4.24%
2.93%
12.38%
4.80%
3.35%
13.90%
4.75%
3.39%
13.49%
4.56%
3.25%
13.12%
4.43%
3.15%
12.83%
4.45%
3.18%
13.02%
4.12%
2.98%
11.95%
4.01%
2.90%
11.81%
4.06%
2.93%
12.08%
4.14%
2.98%
12.38%
3.95%
2.87%
11.68%
2.41%
2.89%
3.43%
3.98%
4.13%
3.96%
3.80%
3.84%
3.63%
3.50%
3.51%
3.58%
3.51%
In Bankruptcy
0.22%
0.26%
0.30%
0.33%
0.33%
0.36%
0.41%
0.44%
0.45%
0.48%
0.49%
0.53%
0.52%


Page 31

First Quarter 2012
2 Enterprises Combined - Foreclosure Prevention Actions (# of loans) 1

1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
100,917
49,369
66,200
140,641
121,496
278,139
182,720
291,825
485,418
170,109
335,090
584,086
159,073
221,592
426,978
121,253
110,771
348,171
159,238
77,344
361,510
152,371
92,627
384,449
89,354
127,982
408,633
122,166
95,613
422,591
128,151
90,995
436,199
99,899
67,458
444,930
96,332
48,011
Completed
Repayment Plans3
Forbearance Plans3
Charge-offs-in-lieu
Loan Modifications
31,901
5,304
288
20,431
37,069
25,114
4,727
496
11,662
32,287
38,939
5,607
810
4,347
36,722
46,406
9,589
653
2,759
57,569
55,884
17,991
705
2,588
137,561
46,353
20,585
756
1,783
171,176
33,964
13,863
992
794
146,507
49,753
10,585
665
26
119,778
44,827
12,601
348
86,201
45,890
7,713
602
81,214
48,869
7,006
801
83,582
41,972
7,103
512
71,111
44,636
6,248
507
60,348
94,993
74,286
86,425
116,976
214,729
240,653
196,120
180,807
143,977
135,419
140,258
120,698
111,739
Short Sales
Deeds-in-lieu
Nonforeclosure Home Forfeiture Actions
8,054
578
11,705
835
16,586
843
19,102
715
23,379
934
29,375
1,506
29,465
1,728
25,734
1,875
25,705
1,849
29,483
2,727
28,264
2,545
31,785
3,110
30,601
3,759
8,632
12,540
17,429
19,817
24,313
30,881
31,193
27,609
27,554
32,210
30,809
34,895
34,360
103,625
86,826
103,854
136,793
239,042
271,534
227,313
208,416
171,531
167,629
171,067
155,593
146,099
Starts
HAMP Active Trial & Perm. - Cum.
Repayment Plans
Forbearance Plans
Total Foreclosure
Prevention Actions
Percent of Total Foreclosure Prevention Actions

Repayment Plans
Forbearance Plans
Charge-offs-in-lieu
Loan Modifications
31%
5%
0%
20%
36%
29%
5%
1%
13%
37%
37%
5%
1%
4%
35%
34%
7%
0%
2%
42%
23%
8%
0%
1%
58%
17%
8%
0%
1%
63%
15%
6%
0%
0%
64%
24%
5%
0%
0%
57%
26%
7%
0%
0%
50%
27%
5%
0%
0%
48%
29%
4%
0%
0%
49%
27%
5%
0%
0%
46%
31%
4%
0%
0%
41%
92%
86%
83%
86%
90%
89%
86%
87%
84%
81%
82%
78%
76%
Short Sales
Deeds-in-lieu
Nonforeclosure Home Forfeiture Actions
8%
1%
13%
1%
16%
1%
14%
1%
10%
0%
11%
1%
13%
1%
12%
1%
15%
1%
18%
2%
17%
1%
20%
2%
21%
3%
8%
14%
17%
14%
10%
11%
14%
13%
16%
19%
18%
22%
24%
The number of foreclosure prevention actions reported in this table may not tie to the Enterprises' financial statements due to timing differences in reporting systems.
Forbearance plans initiated include HAMP trials initiated by servicers under the MHA program. In addition, starting in August, forbearance plans initiated include Fannie Mae's HomeSaver forbearance plans. HAMP trial modifications are
based on the first trial payment posted date. HAMP permanent modifications are based on the effective date of modification. As of March 31, 2012, Fannie Mae had completed 253,200 HAMP permanent modifications and Freddie Mac had
completed more than 160,600 HAMP permanent modifications.
3 Includes loans that were 30+ days delinquent at initiation of the plan. In addition, the completed forbearance plans data have been revised to exclude HAMP.
1
2
Page 32

First Quarter 2012
3(i) Enterprises Combined - Loan Modifications
Loan Modifications (# of loans)

Principal and Interest Change (%)
Increase
No Change
Decrease <=20%
Decrease 20% <=30%
Decrease > 30%
Type of Modifications (% )
Extend Term Only
Reduce Rate Only
Reduce Rate and Extend Term
Reduce Rate, Extend Term and
Forbear Principal
Other
60+ Days Re-Delinquency (%)

3 Months after Modification
1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
37,069
32,287
36,722
57,569
137,561
171,176
146,507
119,778
86,201
81,214
83,582
71,111
60,348
16%
1%
31%
34%
18%
12%
2%
32%
36%
19%
13%
0%
38%
26%
23%
15%
0%
25%
17%
43%
13%
0%
23%
16%
48%
7%
1%
21%
16%
55%
8%
1%
21%
16%
53%
11%
2%
23%
16%
49%
8%
2%
23%
16%
51%
6%
1%
26%
18%
49%
6%
1%
27%
20%
46%
5%
1%
26%
21%
47%
4%
0%
24%
21%
50%
17%
4%
70%
19%
3%
68%
18%
9%
65%
9%
21%
56%
4%
34%
44%
4%
31%
47%
4%
30%
48%
6%
28%
46%
7%
31%
37%
9%
30%
37%
12%
24%
34%
12%
20%
35%
11%
18%
38%
0%
0%
1%
6%
9%
12%
12%
12%
21%
22%
29%
32%
32%
9%
9%
7%
8%
9%
5%
6%
7%
4%
2%
1%
1%
1%
21%
33%
40%
24%
35%
39%
19%
33%
36%
9%
16%
20%
8%
13%
18%
9%
13%
16%
10%
13%
15%
8%
12%
15%
7%
11%
14%
7%
11%
13%
7%
11%
7%
Page 33

First Quarter 2012
3(ii) Fannie Mae - Loan Modifications

Increase
No Change
Decrease <=20%
Decrease 20% <=30%
Decrease > 30%
Type of Modifications (%)

Extend Term Only
Reduce Rate Only
Forbear Principal
Other

1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
12,446
16,684
27,686
41,753
93,756
121,693
106,365
81,692
51,043
50,336
60,025
51,936
46,671
15%
0%
35%
28%
21%
10%
3%
35%
29%
23%
9%
0%
35%
28%
27%
14%
0%
24%
17%
46%
13%
0%
22%
16%
49%
6%
0%
19%
16%
58%
8%
1%
19%
16%
56%
11%
1%
19%
15%
54%
6%
2%
20%
15%
57%
3%
1%
24%
18%
54%
3%
0%
27%
22%
48%
3%
1%
26%
23%
48%
2%
0%
24%
23%
51%
13%
10%
67%
12%
5%
73%
10%
11%
72%
6%
24%
55%
1%
40%
36%
1%
35%
41%
1%
35%
42%
2%
35%
38%
2%
34%
37%
5%
32%
37%
10%
22%
34%
11%
17%
36%
12%
15%
39%
0%
0%
2%
9%
14%
17%
16%
18%
24%
25%
33%
36%
35%
10%
9%
5%
7%
10%
5%
5%
7%
4%
1%
0%
0%
0%
19%
36%
47%
18%
33%
41%
21%
36%
39%
9%
17%
22%
9%
15%
21%
9%
15%
17%
11%
14%
16%
9%
13%
17%
8%
12%
15%
8%
12%
14%
8%
11%
7%
Page 34

First Quarter 2012
3(iii) Freddie Mac - Loan Modifications

Increase
No Change
Decrease <=20%
Decrease 20% <=30%
Decrease > 30%
Type of Modifications (%)

Extend Term Only
Reduce Rate Only
Forbear Principal
Other

1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
24,623
15,603
9,036
15,816
43,805
49,483
40,142
38,086
35,158
30,878
23,557
19,175
13,677
16%
1%
30%
37%
16%
14%
1%
29%
41%
15%
24%
1%
44%
20%
11%
18%
1%
31%
17%
33%
11%
1%
24%
16%
47%
9%
1%
26%
17%
47%
8%
4%
27%
18%
43%
11%
4%
30%
17%
37%
11%
2%
29%
17%
40%
11%
2%
28%
17%
42%
12%
1%
28%
16%
43%
12%
1%
27%
16%
44%
12%
1%
25%
15%
46%
19%
1%
72%
26%
1%
63%
43%
2%
41%
16%
14%
59%
9%
22%
62%
11%
21%
62%
12%
17%
64%
16%
13%
63%
15%
27%
39%
15%
28%
36%
16%
28%
33%
15%
28%
31%
9%
30%
35%
0%
0%
0%
0%
0%
0%
0%
0%
16%
18%
18%
21%
23%
9%
10%
13%
12%
7%
6%
6%
7%
4%
3%
5%
5%
3%
22%
31%
36%
27%
36%
38%
14%
25%
28%
9%
13%
17%
6%
9%
11%
6%
10%
12%
7%
10%
11%
7%
10%
13%
6%
9%
13%
5%
9%
12%
5%
10%
5%
Page 35

First Quarter 2012
4 Enterprises Combined - Home Forfeiture Actions (# of loans)

1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
8,054
11,705
16,586
19,102
23,379
29,375
29,465
25,734
25,705
29,483
28,264
31,785
30,601
578
835
843
715
934
1,506
1,728
1,875
1,849
2,727
2,545
3,110
3,759
8,632
12,540
17,429
19,817
24,313
30,881
31,193
27,609
27,554
32,210
30,809
34,895
34,360
Third-party Sales
1,467
2,789
4,263
4,908
5,171
7,856
11,999
7,886
8,982
14,968
10,902
9,395
9,987
Foreclosure Sales
39,733
54,236
65,375
72,989
92,760
104,497
126,058
68,759
79,123
79,250
68,483
70,635
68,713
41,200
57,025
69,638
77,897
97,931
112,353
138,057
76,645
88,105
94,218
79,385
80,030
78,700
243,824 299,208
254,168
243,485
246,273
275,095
338,957
309,976
259,643
250,858
223,862
218,349
225,889
Short Sales
Deeds-in-lieu
Nonforeclosure Home Forfeiture Actions*
Third-party &
Foreclosure Sales
Foreclosure Starts
Top Five Reasons for Delinquency

Curtailment of Income
Excessive obligations
Unemployment
Illness of principal mortgagor or
family member
Marital Difficulties
35%
19%
8%
40%
18%
9%
40%
16%
8%
41%
13%
8%
47%
13%
8%
48%
14%
8%
48%
14%
8%
46%
14%
8%
44%
14%
8%
43%
14%
8%
41%
15%
8%
40%
16%
8%
40%
15%
8%
6%
6%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
4%
4%
4%
* Short sales and deeds-in-lieu of foreclosure completed.
Page 36

First Quarter 2012
5(i) Enterprises Combined - Real Estate Owned (# of loans)

1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
Acquisitions
39,362
54,092
65,332
71,938
91,341
103,500
124,402
69,733
78,256
78,485
69,572
72,014
71,505
Dispositions
(40,724)
(48,294)
(49,238)
(54,144)
(58,723)
(75,832)
(74,206)
(76,849)
(94,441)
(100,550)
(83,678)
(75,163)
(77,104)
91,516
97,314
113,408
131,202
163,820
191,488
241,684
234,568
218,383
196,318
182,212
179,063
173,464
Arizona
4,212
4,807
5,296
6,136
7,795
8,212
9,012
5,936
8,484
6,621
4,375
3,181
2,883
California
5,561
8,253
9,465
10,434
12,767
12,455
14,920
9,459
13,380
11,527
7,752
6,938
5,776
Florida
3,117
4,891
6,219
7,226
10,309
13,517
15,710
7,244
4,136
4,875
5,479
6,532
8,546
Nevada
1,939
2,248
3,086
2,462
2,071
3,897
4,177
2,587
3,286
4,032
2,132
1,843
1,637
14,829
20,199
24,066
26,258
32,942
38,081
43,819
25,226
29,286
27,055
19,738
18,494
18,842
Inventory (at period end)
Acquisitions by State
Subtotal
Selected Midwest States *
All other States
6,642
12,032
12,251
13,062
17,645
18,555
20,912
10,534
13,642
11,854
12,209
15,127
17,425
17,891
21,861
29,015
32,618
40,754
46,864
59,671
33,973
35,328
39,576
37,625
38,393
35,238
Total Acquisitions
39,362
54,092
65,332
71,938
91,341
103,500
124,402
69,733
78,256
78,485
69,572
72,014
71,505
Inventory by State
Arizona
7,344
6,992
7,504
8,675
11,305
12,596
15,384
13,332
13,595
10,847
8,063
6,070
5,019
12,839
13,568
15,325
17,585
22,302
24,546
29,722
28,049
29,939
28,116
23,407
19,972
16,777
Florida
5,891
6,796
8,445
10,203
14,305
19,788
26,679
27,746
19,380
13,452
11,793
12,618
15,330
Nevada
3,603
3,540
4,230
4,004
3,631
5,218
6,937
6,164
6,064
6,536
5,307
4,206
3,327
29,677
30,896
35,504
40,467
51,543
62,148
78,722
75,291
68,978
58,951
48,570
42,866
40,453
California
Subtotal
All other States
Total Inventory
22,434
25,454
28,694
31,875
38,596
43,727
51,829
50,677
48,918
44,506
43,082
45,127
47,309
39,405
40,964
49,210
58,860
73,681
85,613
111,133
108,600
100,487
92,861
90,560
91,070
85,702
91,516
97,314
113,408
131,202
163,820
191,488
241,684
234,568
218,383
196,318
182,212
179,063
173,464
Page 37

First Quarter 2012
5(ii) Fannie Mae - Real Estate Owned (# of loans)

1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
Acquisitions
25,374
32,095
40,959
47,189
61,929
68,838
85,349
45,962
53,549
53,697
45,194
47,256
47,700
Dispositions
(26,541)
(31,851)
(31,299)
(33,309)
(38,095)
(49,517)
(47,872)
(50,260)
(62,814)
(71,202)
(58,297)
(51,344)
(52,071)
62,371
62,615
72,275
86,155
109,989
129,310
Arizona
2,526
2,879
3,172
4,277
5,374
California
3,719
4,444
5,304
6,098
8,700
Florida
1,680
2,876
4,053
4,673
Nevada
1,210
1,337
1,885
1,643
9,135
11,536
14,414
166,787
162,489
153,224
135,719
122,616
118,528
114,157
5,256
6,023
4,038
5,971
4,858
3,052
2,291
2,246
8,256
10,434
6,661
9,571
8,179
5,197
4,642
3,829
6,556
8,712
10,048
4,312
2,919
3,154
3,405
4,270
5,610
1,451
2,686
3,278
2,003
2,678
3,099
1,467
1,162
1,003
16,691
22,081
24,910
29,783
17,014
21,139
19,290
13,121
12,365
12,688
Subtotal
All other States
4,643
6,930
7,834
9,057
12,058
12,356
14,314
6,683
8,962
7,316
7,484
10,015
11,657
11,596
13,629
18,711
21,441
27,790
31,572
41,252
22,265
23,448
27,091
24,589
24,876
23,355
Total Acquisitions
25,374
32,095
40,959
47,189
61,929
68,838
85,349
45,962
53,549
53,697
45,194
47,256
47,700
Arizona
4,826
4,354
4,586
5,857
7,779
8,427
10,550
9,400
9,703
7,738
5,703
4,385
3,795
California
8,207
8,078
8,954
10,472
14,476
16,630
20,992
20,164
21,800
20,224
16,759
14,147
11,789
Florida
3,840
4,251
5,537
6,812
9,304
13,179
18,051
18,621
13,871
9,510
8,083
8,677
10,401
Nevada
2,405
2,254
2,659
2,685
2,550
3,668
5,368
4,895
4,858
5,035
3,872
2,833
2,117
19,278
18,937
21,736
25,826
34,109
41,904
54,961
53,080
50,232
42,507
34,417
30,042
28,102
Inventory by State
Subtotal
All other States
Total Inventory
16,127
16,915
18,680
21,512
26,389
29,945
36,060
35,354
34,311
30,266
28,333
29,614
30,963
26,966
26,763
31,859
38,817
49,491
57,461
75,766
74,055
68,681
62,946
59,866
58,872
55,092
62,371
62,615
72,275
86,155
109,989
129,310
166,787
162,489
153,224
135,719
122,616
118,528
114,157
Page 38

First Quarter 2012
5(iii) Freddie Mac - Real Estate Owned (# of loans)

1Q09
Acquisitions
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
13,988
21,997
24,373
24,749
29,412
34,662
39,053
23,771
24,707
24,788
24,378
24,758
23,805
Dispositions
(14,183)
(16,443)
(17,939)
(20,835)
(20,628)
(26,315)
(26,334)
(26,589)
(31,627)
(29,348)
(25,381)
(23,819)
(25,033)
29,145
34,699
41,133
45,047
53,831
62,178
74,897
72,079
65,159
60,599
59,596
60,535
59,307
Arizona
1,686
1,928
2,124
1,859
2,421
2,956
2,989
1,898
2,513
1,763
1,323
890
637
California
1,842
3,809
4,161
4,336
4,067
4,199
4,486
2,798
3,809
3,348
2,555
2,296
1,947
Florida
1,437
2,015
2,166
2,553
3,753
4,805
5,662
2,932
1,217
1,721
2,074
2,262
2,936
Nevada
729
911
1,201
819
620
1,211
899
584
608
933
665
681
634
5,694
8,663
9,652
9,567
10,861
13,171
14,036
8,212
8,147
7,765
6,617
6,129
6,154
Subtotal
All other States
1,999
5,102
4,417
4,005
5,587
6,199
6,598
3,851
4,680
4,538
4,725
5,112
5,768
6,295
8,232
10,304
11,177
12,964
15,292
18,419
11,708
11,880
12,485
13,036
13,517
11,883
13,988
21,997
24,373
24,749
29,412
34,662
39,053
23,771
24,707
24,788
24,378
24,758
23,805
Arizona
2,518
2,638
2,918
2,818
3,526
4,169
4,834
3,932
3,892
3,109
2,360
1,685
1,224
California
4,632
5,490
6,371
7,113
7,826
7,916
8,730
7,885
8,139
7,892
6,648
5,825
4,988
Florida
2,051
2,545
2,908
3,391
5,001
6,609
8,628
9,125
5,509
3,942
3,710
3,941
4,929
Nevada
1,198
1,286
1,571
1,319
1,081
1,550
1,569
1,269
1,206
1,501
1,435
1,373
1,210
10,399
11,959
13,768
14,641
17,434
20,244
23,761
22,211
18,746
16,444
14,153
12,824
12,351
Total Acquisitions
Inventory by State
Subtotal
All other States
Total Inventory
6,307
8,539
10,014
10,363
12,207
13,782
15,769
15,323
14,607
14,240
14,749
15,513
16,346
12,439
14,201
17,351
20,043
24,190
28,152
35,367
34,545
31,806
29,915
30,694
32,198
30,610
29,145
34,699
41,133
45,047
53,831
62,178
74,897
72,079
65,159
60,599
59,596
60,535
59,307
Page 39

First Quarter 2012
Appendix: State Level Data

Enterprises Single-Family Book Profile - As of March 31, 2012
State
AK
AL
AR
AZ
CA
CO
CT
DC
DE
FL
GA
HI
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
VT
WA
WI
WV
WY
2
Other
Total
1
2
Total
Loan Count
57,860
366,851
192,447
725,977
3,577,070
635,535
354,968
65,106
110,135
1,983,493
949,268
132,447
279,538
172,730
1,388,779
599,461
223,000
311,041
299,093
695,050
675,095
115,642
1,049,835
668,449
580,002
152,320
100,069
908,383
44,224
158,621
152,172
901,411
180,383
287,354
1,355,906
1,068,836
250,503
465,654
1,053,186
99,273
443,253
61,530
481,377
1,741,139
296,701
865,335
71,171
840,342
632,042
93,596
50,441
179,599
29,143,693
Total
1,276
21,602
9,652
42,223
155,185
19,300
21,775
3,455
6,304
270,811
62,873
6,291
10,825
8,111
99,926
35,010
9,007
15,704
18,907
36,023
46,252
7,747
51,430
23,377
24,155
10,797
2,950
51,085
825
4,747
7,317
80,551
9,683
29,611
91,457
61,902
11,533
22,473
61,023
6,514
29,903
1,475
24,110
68,174
12,119
30,403
3,134
42,934
23,303
5,204
1,142
20,849
1,722,439
30-59 Days
DLQ1
573
9,754
3,556
11,721
45,345
7,045
6,004
1,023
2,013
36,569
24,294
1,379
3,953
2,490
22,013
11,480
3,754
5,527
7,880
12,338
12,213
2,141
20,315
8,675
10,514
4,718
1,131
19,052
381
2,052
2,923
16,371
2,859
4,686
24,517
18,934
4,571
5,794
20,756
2,001
10,039
585
10,003
32,216
4,013
12,255
1,006
10,006
7,274
2,703
574
7,542
501,531
60-89 Days
DLQ
The top 5 states for the relevant columns are highlighted.

Delinquent Loans (DLQ)
90-179 Days
DLQ
187
3,010
1,126
4,820
17,991
2,404
2,117
349
659
13,118
8,415
488
1,085
892
8,327
3,419
1,067
1,648
2,317
4,060
4,162
701
7,025
3,006
3,426
1,328
333
5,904
86
630
1,011
6,407
934
2,383
8,025
6,264
1,276
2,176
6,517
693
2,986
183
3,023
9,177
1,475
3,897
312
4,032
2,314
735
150
2,974
171,044
175
3,174
1,288
7,952
25,024
2,998
2,480
409
791
22,155
10,541
736
1,257
1,277
11,565
3,969
1,136
1,834
2,301
4,903
5,573
797
8,909
4,066
3,887
1,457
401
6,947
89
691
1,068
8,126
1,058
4,402
9,154
7,556
1,312
3,295
7,181
879
3,266
149
3,667
9,034
1,976
4,739
297
6,441
3,008
643
165
5,908
222,106
180-364 Days
DLQ
177
2,980
1,527
10,591
32,713
4,026
3,424
483
1,106
37,297
10,499
999
1,748
1,937
18,617
5,754
1,493
2,417
2,814
5,684
7,131
1,010
8,475
4,342
3,619
1,565
522
8,133
101
819
1,191
11,160
1,533
7,662
11,418
11,461
1,970
4,724
9,004
1,064
4,739
238
3,886
8,970
2,568
4,643
449
9,401
4,601
579
128
1,791
285,183
365+ Days
DLQ
164
2,684
2,155
7,139
34,112
2,827
7,750
1,191
1,735
161,672
9,124
2,689
2,782
1,515
39,404
10,388
1,557
4,278
3,595
9,038
17,173
3,098
6,706
3,288
2,709
1,729
563
11,049
168
555
1,124
38,487
3,299
10,478
38,343
17,687
2,404
6,484
17,565
1,877
8,873
320
3,531
8,777
2,087
4,869
1,070
13,054
6,106
544
125
2,634
542,575
Serious
Delinquent
(90+ FC In)
518
8,874
4,982
25,722
91,977
9,866
13,671
2,085
3,636
221,299
30,230
4,427
5,796
4,742
69,672
20,181
4,205
8,544
8,733
19,667
29,909
4,916
24,193
11,732
10,242
4,761
1,489
26,217
359
2,075
3,394
57,827
5,903
22,561
59,002
36,787
5,703
14,520
33,831
3,831
16,914
708
11,108
26,875
6,642
14,287
1,818
28,918
13,751
1,777
420
10,408
1,051,705
Serious
Delinquent
(90+ FC In) Rates
% of DLQ Loans
> =365 Days DLQ
0.9%
2.4%
2.6%
3.5%
2.6%
1.6%
3.9%
3.2%
3.3%
11.2%
3.2%
3.3%
2.1%
2.7%
5.0%
3.4%
1.9%
2.7%
2.9%
2.8%
4.4%
4.3%
2.3%
1.8%
1.8%
3.1%
1.5%
2.9%
0.8%
1.3%
2.2%
6.4%
3.3%
7.9%
4.4%
3.4%
2.3%
3.1%
3.2%
3.9%
3.8%
1.2%
2.3%
1.5%
2.2%
1.7%
2.6%
3.4%
2.2%
1.9%
0.8%
5.8%
3.6%
12.9%
12.4%
22.3%
16.9%
22.0%
14.6%
35.6%
34.5%
27.5%
59.7%
14.5%
42.7%
25.7%
18.7%
39.4%
29.7%
17.3%
27.2%
19.0%
25.1%
37.1%
40.0%
13.0%
14.1%
11.2%
16.0%
19.1%
21.6%
20.4%
11.7%
15.4%
47.8%
34.1%
35.4%
41.9%
28.6%
20.8%
28.9%
28.8%
28.8%
29.7%
21.7%
14.6%
12.9%
17.2%
16.0%
34.1%
30.4%
26.2%
10.5%
10.9%
12.6%
31.5%
REO
Inventory
165
2,555
360
5,019
16,777
2,823
842
86
558
15,330
10,249
352
1,165
859
14,557
3,567
1,396
1,512
1,559
3,042
2,000
316
20,953
8,457
3,663
1,052
387
4,819
58
486
1,128
853
1,054
3,327
799
8,232
1,222
2,440
3,225
754
2,287
235
3,502
6,359
1,152
3,276
117
3,458
3,963
588
326
203
173,464
Includes other loans that cannot be categorized due to missing attributes.

Page 40

First Quarter 2012

Fannie Mae Single-Family Book Profile - As of March 31, 2012
State
AK
AL
AR
AZ
CA
CO
CT
DC
DE
FL
GA
HI
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
VT
WA
WI
WV
WY
2
Other
Total
Total
Loan Count
31,397
238,967
125,881
446,558
2,346,587
396,442
222,014
43,255
66,852
1,243,254
559,123
91,462
165,257
100,156
800,761
311,707
120,170
148,947
205,988
434,042
405,349
64,536
596,405
339,700
332,344
112,742
62,942
518,758
23,952
96,654
88,752
567,889
111,959
177,993
841,737
606,784
154,343
273,402
634,547
61,458
264,186
39,645
303,210
1,111,469
169,723
526,860
36,037
520,826
381,016
53,438
34,048
106,888
17,718,412
Total
827
14,273
6,179
24,594
93,173
11,999
14,416
2,219
4,048
172,636
37,533
4,106
7,023
4,855
60,772
21,531
5,534
9,248
12,933
23,220
28,236
5,018
31,155
13,175
14,713
7,772
1,834
31,251
487
3,165
4,618
52,573
5,942
16,923
58,309
38,435
7,396
13,635
39,431
4,192
18,666
941
15,401
43,574
7,081
18,695
1,935
26,590
14,227
3,001
790
10,027
1,070,307
30-59 Days
DLQ
362
6,408
2,375
7,338
29,519
4,489
3,962
681
1,271
23,550
14,599
933
2,631
1,473
13,034
6,901
2,261
3,058
5,463
8,123
7,508
1,389
12,560
4,884
6,456
3,468
719
11,587
223
1,340
1,855
10,800
1,741
2,902
15,571
11,617
2,911
3,561
13,223
1,279
6,265
378
6,416
20,741
2,359
7,415
602
6,284
4,438
1,540
413
4,169
315,045
60-89 Days
DLQ
120
1,965
718
2,881
11,167
1,485
1,446
214
427
8,027
5,027
309
685
512
4,812
1,998
653
911
1,559
2,681
2,506
433
4,160
1,643
2,070
966
194
3,541
55
417
616
4,195
534
1,458
5,093
3,807
798
1,363
4,161
450
1,861
119
1,882
5,629
862
2,362
180
2,512
1,374
410
91
1,669
105,008
90-179 Days
DLQ
117
2,131
859
4,707
15,626
1,846
1,658
280
530
14,378
6,449
503
758
746
6,967
2,383
686
1,008
1,598
3,174
3,504
518
5,528
2,270
2,449
1,055
245
4,268
43
457
662
5,371
681
2,741
5,893
4,702
855
1,952
4,721
573
2,054
91
2,368
5,833
1,149
2,920
179
3,991
1,788
397
114
1,396
137,172
180-364 Days
DLQ
113
2,000
970
5,903
19,394
2,442
2,299
323
701
23,797
6,197
644
1,094
1,165
10,901
3,446
932
1,389
1,904
3,604
4,418
658
5,070
2,443
2,195
1,093
319
4,861
42
564
778
7,213
944
4,549
7,411
7,019
1,244
2,855
5,819
680
2,913
145
2,509
5,812
1,469
2,840
269
5,722
2,803
344
84
1,096
175,399
365+ Days
DLQ
115
1,769
1,257
3,765
17,467
1,737
5,051
721
1,119
102,884
5,261
1,717
1,855
959
25,058
6,803
1,002
2,882
2,409
5,638
10,300
2,020
3,837
1,935
1,543
1,190
357
6,994
124
387
707
24,994
2,042
5,273
24,341
11,290
1,588
3,904
11,507
1,210
5,573
208
2,226
5,559
1,242
3,158
705
8,081
3,824
310
88
1,697
337,683
Serious
Delinquent
(90+ FC In)
Serious
Delinquent
(90+ FC In) Rates
% of DLQ Loans
> =365 Days DLQ
1.1%
2.5%
2.5%
3.2%
2.2%
1.5%
4.1%
3.1%
3.5%
11.4%
3.2%
3.1%
2.2%
2.9%
5.4%
4.1%
2.2%
3.5%
2.9%
2.9%
4.5%
5.0%
2.4%
2.0%
1.9%
3.0%
1.5%
3.1%
0.9%
1.5%
2.4%
6.6%
3.3%
7.1%
4.5%
3.8%
2.4%
3.2%
3.5%
4.0%
4.0%
1.1%
2.3%
1.6%
2.3%
1.7%
3.2%
3.4%
2.2%
2.0%
0.8%
3.9%
3.7%
13.9%
12.4%
20.3%
15.3%
18.7%
14.5%
35.0%
32.5%
27.6%
59.6%
14.0%
41.8%
26.4%
19.8%
41.2%
31.6%
18.1%
31.2%
18.6%
24.3%
36.5%
40.3%
12.3%
14.7%
10.5%
15.3%
19.5%
22.4%
25.5%
12.2%
15.3%
47.5%
34.4%
31.2%
41.7%
29.4%
21.5%
28.6%
29.2%
28.9%
29.9%
22.1%
14.5%
12.8%
17.5%
16.9%
36.4%
30.4%
26.9%
10.3%
11.1%
16.9%
31.6%
346
5,909
3,091
14,386
52,516
6,031
9,015
1,324
2,352
141,163
17,929
2,865
3,712
2,875
42,953
12,657
2,631
5,280
5,917
12,431
18,234
3,204
14,476
6,657
6,197
3,342
923
16,137
209
1,410
2,150
37,599
3,669
12,574
37,667
23,039
3,694
8,718
22,084
2,468
10,555
445
7,113
17,239
3,861
8,928
1,154
17,805
8,423
1,053
286
4,222
650,918
REO
Inventory
97
1,732
269
3,795
11,789
1,670
598
69
342
10,401
6,451
199
718
520
8,881
2,632
860
947
1,052
2,053
1,521
218
13,953
4,662
2,216
791
269
3,142
30
335
697
726
645
2,117
593
5,497
804
1,483
2,385
430
1,560
168
2,370
4,228
615
2,239
88
2,100
2,448
376
234
142
114,157
1 Conventional
2
Delinquency Subset: Excludes government, current month MBS liquidations, and loans with current month missing or erroneous performance data .
Page 41

First Quarter 2012

Freddie Mac Single-Family Book Profile - As of March 31, 2012
State
AK
AL
AR
AZ
CA
CO
CT
DC
DE
FL
GA
HI
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
VT
WA
WI
WV
WY
2
Other
Total
1 Includes
2
Total
Loan Count
26,463
127,884
66,566
279,419
1,230,483
239,093
132,954
21,851
43,283
740,239
390,145
40,985
114,281
72,574
588,018
287,754
102,830
162,094
93,105
261,008
269,746
51,106
453,430
328,749
247,658
39,578
37,127
389,625
20,272
61,967
63,420
333,522
68,424
109,361
514,169
462,052
96,160
192,252
418,639
37,815
179,067
21,885
178,167
629,670
126,978
338,475
35,134
319,516
251,026
40,158
16,393
72,711
11,425,281
Total
449
7,329
3,473
17,629
62,012
7,301
7,359
1,236
2,256
98,175
25,340
2,185
3,802
3,256
39,154
13,479
3,473
6,456
5,974
12,803
18,016
2,729
20,275
10,202
9,442
3,025
1,116
19,834
338
1,582
2,699
27,978
3,741
12,688
33,148
23,467
4,137
8,838
21,592
2,322
11,237
534
8,709
24,600
5,038
11,708
1,199
16,344
9,076
2,203
352
10,822
652,132
30-59 Days
1
DLQ
211
3,346
1,181
4,383
15,826
2,556
2,042
342
742
13,019
9,695
446
1,322
1,017
8,979
4,579
1,493
2,469
2,417
4,215
4,705
752
7,755
3,791
4,058
1,250
412
7,465
158
712
1,068
5,571
1,118
1,784
8,946
7,317
1,660
2,233
7,533
722
3,774
207
3,587
11,475
1,654
4,840
404
3,722
2,836
1,163
161
3,373
186,486
60-89 Days
DLQ
67
1,045
408
1,939
6,824
919
671
135
232
5,091
3,388
179
400
380
3,515
1,421
414
737
758
1,379
1,656
268
2,865
1,363
1,356
362
139
2,363
31
213
395
2,212
400
925
2,932
2,457
478
813
2,356
243
1,125
64
1,141
3,548
613
1,535
132
1,520
940
325
59
1,305
66,036
90-179 Days
DLQ
58
1,043
429
3,245
9,398
1,152
822
129
261
7,777
4,092
233
499
531
4,598
1,586
450
826
703
1,729
2,069
279
3,381
1,796
1,438
402
156
2,679
46
234
406
2,755
377
1,661
3,261
2,854
457
1,343
2,460
306
1,212
58
1,299
3,201
827
1,819
118
2,450
1,220
246
51
4,512
84,934
180-364 Days
DLQ
64
980
557
4,688
13,319
1,584
1,125
160
405
13,500
4,302
355
654
772
7,716
2,308
561
1,028
910
2,080
2,713
352
3,405
1,899
1,424
472
203
3,272
59
255
413
3,947
589
3,113
4,007
4,442
726
1,869
3,185
384
1,826
93
1,377
3,158
1,099
1,803
180
3,679
1,798
235
44
695
109,784
Serious
Delinquent
(90+ FC In)
365+ Days
DLQ
49
915
898
3,374
16,645
1,090
2,699
470
616
58,788
3,863
972
927
556
14,346
3,585
555
1,396
1,186
3,400
6,873
1,078
2,869
1,353
1,166
539
206
4,055
44
168
417
13,493
1,257
5,205
14,002
6,397
816
2,580
6,058
667
3,300
112
1,305
3,218
845
1,711
365
4,973
2,282
234
37
937
204,892
172
2,965
1,891
11,336
39,461
3,835
4,656
761
1,284
80,136
12,301
1,562
2,084
1,867
26,719
7,524
1,574
3,264
2,816
7,236
11,675
1,712
9,717
5,075
4,045
1,419
566
10,080
150
665
1,244
20,228
2,234
9,987
21,335
13,748
2,009
5,802
11,747
1,363
6,359
263
3,995
9,636
2,781
5,359
664
11,113
5,328
724
134
6,186
400,787
Serious
Delinquent
(90+ FC In) Rates
% of DLQ Loans
> =365 Days DLQ
0.6%
2.3%
2.8%
4.1%
3.2%
1.6%
3.5%
3.5%
3.0%
10.8%
3.2%
3.8%
1.8%
2.6%
4.5%
2.6%
1.5%
2.0%
3.0%
2.8%
4.3%
3.3%
2.1%
1.5%
1.6%
3.6%
1.5%
2.6%
0.7%
1.1%
2.0%
6.1%
3.3%
9.1%
4.1%
3.0%
2.1%
3.0%
2.8%
3.6%
3.6%
1.2%
2.2%
1.5%
2.2%
1.6%
1.9%
3.5%
2.1%
1.8%
0.8%
8.5%
3.5%
10.9%
12.5%
25.9%
19.1%
26.8%
14.9%
36.7%
38.0%
27.3%
59.9%
15.2%
44.5%
24.4%
17.1%
36.6%
26.6%
16.0%
21.6%
19.9%
26.6%
38.1%
39.5%
14.2%
13.3%
12.3%
17.8%
18.5%
20.4%
13.0%
10.6%
15.5%
48.2%
33.6%
41.0%
42.2%
27.3%
19.7%
29.2%
28.1%
28.7%
29.4%
21.0%
15.0%
13.1%
16.8%
14.6%
30.4%
30.4%
25.1%
10.6%
10.5%
8.7%
31.4%
REO
Inventory
68
823
91
1,224
4,988
1,153
244
17
216
4,929
3,798
153
447
339
5,676
935
536
565
507
989
479
98
7,000
3,795
1,447
261
118
1,677
28
151
431
127
409
1,210
206
2,735
418
957
840
324
727
67
1,132
2,131
537
1,037
29
1,358
1,515
212
92
61
59,307
other loans that cannot be categorized due to missing attributes.

Consists of Guam, Puerto Rico, Virgin Islands and other loans for which data are not available. The 11,214 can be reconciled to AAA Wrapped T-Deal loans for which loan level data are not available.
Page 42

First Quarter 2012

Enterprises Foreclosure Prevention Actions by State - March 31, 2012
2011
State
Repayment Forbearance
Loan
Other 2
Plans
Plans
Modifications
AK
AL
AR
AZ
CA
CO
CT
DC
DE
FL
GA
HI
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
VT
WA
WI
WV
WY
Other 3
Total
353
4,155
1,377
3,740
14,175
3,038
2,300
444
760
11,456
7,694
655
1,685
1,066
7,393
5,344
1,668
2,535
3,311
3,940
4,567
981
7,770
3,262
4,417
1,794
547
6,589
134
742
1,090
5,773
1,082
1,430
7,321
7,008
1,940
1,884
7,681
702
3,362
223
4,043
14,260
1,893
4,685
479
3,452
2,948
929
308
513
180,898
43
534
181
1,355
4,909
566
564
79
140
3,667
1,884
178
236
250
2,050
580
201
319
374
1,062
1,180
160
1,739
743
652
189
75
1,304
55
102
224
1,323
190
685
1,641
1,099
204
717
1,281
219
676
32
624
1,566
435
961
83
844
561
139
51
362
39,288
164
2,678
1,075
12,307
52,499
4,134
3,904
621
1,210
43,190
14,651
1,219
1,521
1,715
19,323
4,511
1,196
1,767
2,708
7,735
10,105
1,247
11,811
5,638
3,695
1,459
541
7,567
84
665
1,616
11,656
1,457
7,282
14,509
8,823
1,125
3,867
7,913
1,551
4,199
217
3,596
9,187
3,480
6,880
427
7,345
3,860
688
215
1,680
322,517
Conservatorship to Date 1
1Q12
18
5
24
18
3
7
2
3
79
98
2
21
3
93
171
7
29
9
4
2
942
5
45
15
20
3
9
5
25
402
14
6
32
21
2
39
40
3
10
4
9
16
3
(5)
2,263
Short Sales
& Deeds-inlieu
32
423
256
11,469
22,527
1,559
731
93
248
29,738
2,645
493
351
1,276
5,857
1,058
354
428
311
1,710
2,381
349
6,451
2,389
874
244
206
1,406
18
123
336
2,675
455
6,398
1,668
2,237
258
2,033
1,277
375
1,515
43
836
1,342
1,613
2,324
47
2,677
989
151
65
21
125,335
Total
592
7,808
2,894
28,895
94,128
9,300
7,506
1,239
2,361
88,130
26,972
2,547
3,814
4,310
34,716
11,664
3,426
5,078
6,713
14,451
18,235
2,737
28,713
12,037
9,683
3,701
1,369
16,886
291
1,635
3,266
21,436
3,184
15,800
25,164
19,569
3,541
8,507
18,184
2,847
9,773
517
9,138
26,395
7,424
14,860
1,040
14,327
8,374
1,910
639
2,571
670,301
Loan
Other 2
Plans
Plans
Modifications
69
1,074
386
783
3,073
716
596
109
201
2,523
1,918
188
421
264
1,854
1,393
432
677
886
1,080
1,010
236
1,648
745
1,085
488
130
1,740
46
181
258
1,402
313
244
1,978
1,880
438
488
2,133
200
841
70
1,003
3,610
493
1,058
111
865
755
273
76
189
44,630
5
90
32
193
845
101
139
15
20
864
314
33
52
40
475
138
36
72
64
202
248
34
311
139
111
47
9
250
19
21
38
342
42
103
397
214
35
177
285
30
198
2
119
295
75
153
9
174
108
30
4
67
7,816
35
569
220
1,816
8,303
718
967
136
239
8,206
2,522
224
341
301
3,808
897
203
351
531
1,485
1,981
278
1,997
902
657
274
82
1,505
20
151
282
2,692
264
1,110
3,650
1,688
256
737
1,805
279
870
47
646
1,722
573
1,101
104
1,473
731
121
27
451
60,348
10
1
3
2
2
1
2
24
19
2
27
50
12
2
5
2
173
1
23
8
6
1
1
3
14
77
1
2
12
1
5
11
14
1
4
1
3
(19)
507
Short Sales
& Deeds-inlieu
13
104
83
3,179
6,053
388
213
31
87
7,888
771
127
104
328
1,909
314
93
129
103
440
783
101
1,556
587
259
40
51
434
12
48
93
783
140
1,767
482
672
69
562
409
97
369
13
190
337
455
515
13
846
285
37
20
9
34,391
Total
122
1,847
722
5,974
18,276
1,925
1,915
292
549
19,505
5,544
572
920
933
8,073
2,792
764
1,241
1,586
3,207
4,027
651
5,685
2,374
2,135
857
272
3,935
97
402
672
5,222
759
3,224
6,521
4,531
799
1,966
4,644
607
2,283
132
1,969
5,978
1,597
2,831
238
3,358
1,882
461
127
697
147,692
Short Sales
Loan
Other 2 & Deeds-inPlans
Plans
Modifications
lieu
949
110
703
43
120
12,009
1,625
11,052
1,051
1,242
4,400
773
4,337
413
873
11,496
4,845
51,438
1,316
29,350
40,737
16,006
178,177
2,824
60,659
9,034
2,004
15,971
664
4,930
6,763
1,565
13,885
509
1,847
1,217
205
2,313
100
235
2,166
436
4,165
184
649
35,804
12,919
136,312
3,759
76,164
22,033
5,924
51,524
2,333
6,892
1,972
524
4,253
70
1,286
5,096
819
6,054
611
1,035
3,108
742
5,656
258
3,303
22,353
6,866
63,189
2,040
14,382
16,453
2,073
17,555
1,819
3,201
5,044
679
4,602
414
966
7,325
1,002
7,021
480
1,230
9,912
1,797
9,734
1,062
920
11,677
3,170
27,261
1,013
5,118
13,238
3,503
34,915
1,157
6,147
2,818
460
4,079
242
980
24,640
5,821
45,851
5,802
18,552
9,625
2,664
22,762
951
6,498
12,921
2,253
15,471
1,253
2,993
5,159
765
5,863
522
595
1,515
263
1,984
96
505
19,397
4,055
29,462
1,543
3,395
415
141
423
50
66
2,464
388
2,766
300
456
3,220
746
5,990
247
1,087
16,936
4,194
39,715
1,259
6,865
3,335
609
4,923
243
1,137
4,294
2,283
25,859
437
16,441
21,550
5,410
45,913
1,554
4,270
21,883
3,970
35,299
3,156
6,761
6,000
777
4,773
527
772
5,438
1,839
13,882
432
4,835
22,845
4,134
29,110
1,746
3,404
2,101
578
5,144
166
1,178
9,952
2,145
16,056
1,010
3,439
667
113
821
87
148
11,789
1,985
13,565
952
2,126
41,943
7,406
37,006
3,608
4,568
5,513
1,338
12,271
364
4,588
13,291
3,034
26,716
1,038
7,518
1,268
194
1,393
106
145
10,854
2,654
24,232
770
6,894
8,538
1,720
13,846
802
2,844
2,839
463
2,745
189
410
838
159
833
56
163
1,142
908
4,323
224
44
537,974
131,059
1,143,198 51,852
334,226
Since the first full quarter in conservatorship (4Q08). Freddie Mac's data excludes repayment and forbearance plans completed in 4Q08 and 2009. Fannie Mae's data excludes
HomeSaver Advance, charge-offs-in-lieu, short sales and deeds-in-lieu completed in 4Q08.
of HomeSaver Advance (Fannie Mae) and Charge-offs-in-lieu.
3 Consists of Guam, Puerto Rico, Virgin Islands and other loans for which data are not available.
1
2 Consists
Page 43
Total
1,925
26,979
10,796
98,445
298,403
32,603
24,569
4,070
7,599
264,957
88,707
8,105
13,615
13,067
108,830
41,101
11,705
17,058
23,425
48,240
58,961
8,580
100,666
42,501
34,891
12,904
4,363
57,852
1,095
6,374
11,291
68,968
10,247
49,315
78,698
71,070
12,849
26,426
61,239
9,167
32,602
1,836
30,417
94,531
24,074
51,596
3,106
45,404
27,750
6,647
2,049
6,641
2,198,309

First Quarter 2012

Fannie Mae Foreclosure Prevention Actions by State - March 31, 2012
2011
State
Loan
Other 2
Plans
Plans
Modifications
AK
AL
AR
AZ
CA
CO
CT
DC
DE
FL
GA
HI
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
VT
WA
WI
WV
WY
Other 3
Total
1
316
3,494
1,162
2,970
11,646
2,564
1,908
390
634
9,452
5,878
594
1,384
869
5,825
4,153
1,330
2,115
2,787
3,180
3,609
830
6,325
2,570
3,643
1,581
470
5,313
114
619
884
4,738
888
1,195
5,931
5,530
1,636
1,526
6,251
556
2,666
183
3,379
12,050
1,563
3,715
398
2,797
2,484
753
261
368
147,477
24
348
113
718
2,246
329
320
43
86
1,764
845
85
130
132
812
324
113
185
214
543
546
90
817
312
362
135
46
743
26
61
97
714
110
334
812
604
138
364
664
125
300
14
367
970
215
427
42
417
344
77
39
86
19,772
99
1,872
744
7,904
32,486
2,683
2,753
404
843
31,415
9,285
791
1,043
1,157
12,473
3,077
790
1,069
1,970
4,997
6,686
883
7,647
3,420
2,350
1,124
363
4,975
54
502
1,047
8,075
969
4,601
10,003
5,863
786
2,467
5,525
996
2,853
154
2,486
6,207
2,013
4,391
279
4,779
2,511
413
152
914
213,343
1Q12
2
2
4
1
1
3
2
1
2
(1)
2
2
1
(1)
2
2
1
2
(6)
22
Short Sales
& Deeds-inlieu
23
307
159
6,884
12,979
1,011
516
58
172
19,523
1,593
317
240
791
3,954
754
242
299
225
1,114
1,552
234
4,070
1,399
556
187
159
951
11
85
212
1,906
301
3,797
1,117
1,601
173
1,223
860
244
1,046
36
574
835
909
1,398
37
1,724
657
90
48
19
79,172
Total
462
6,023
2,178
18,476
59,359
6,587
5,497
895
1,735
62,154
17,605
1,788
2,798
2,949
23,067
8,310
2,475
3,669
5,198
9,834
12,392
2,037
18,861
7,701
6,913
3,028
1,038
11,982
205
1,267
2,240
15,433
2,268
9,927
17,863
13,597
2,733
5,580
13,302
1,921
6,865
387
6,808
20,063
4,700
9,933
756
9,717
5,996
1,333
500
1,381
459,786
Loan
Other 2
Plans
Plans
Modifications
61
852
303
558
2,289
581
473
75
161
1,897
1,328
159
338
201
1,319
1,023
318
520
718
837
748
201
1,243
514
847
413
102
1,310
37
133
201
1,109
253
185
1,558
1,402
348
379
1,640
144
621
57
788
2,916
378
800
89
639
587
213
62
127
34,055
5
58
24
79
374
63
92
9
14
496
122
22
36
18
237
86
26
49
46
126
123
20
132
63
47
39
7
144
5
11
18
199
26
62
224
106
20
122
172
18
84
1
61
157
43
69
5
94
62
16
4
24
4,160
27
494
192
1,364
5,808
542
774
117
191
6,482
1,862
190
292
231
2,886
742
167
287
438
1,182
1,567
221
1,520
672
528
248
57
1,209
14
132
206
2,200
213
825
2,863
1,383
220
569
1,520
219
708
38
502
1,346
428
830
79
1,105
570
95
23
293
46,671
(1)
1
(1)
1
1
(19)
(18)
Short Sales
& Deeds-inlieu
11
81
61
1,921
3,465
259
150
24
63
5,270
471
81
74
209
1,267
221
73
92
75
300
517
80
986
329
179
36
36
303
9
37
60
557
100
1,083
310
521
54
356
291
67
254
10
125
228
270
342
10
570
210
26
14
8
22,146
Total
104
1,485
580
3,922
11,935
1,445
1,489
225
429
14,145
3,783
452
740
659
5,709
2,072
584
948
1,277
2,445
2,955
522
3,882
1,578
1,601
736
202
2,966
65
313
485
4,065
592
2,155
4,955
3,411
642
1,426
3,624
448
1,667
106
1,477
4,647
1,119
2,041
183
2,408
1,429
350
103
433
107,014
Short Sales
Loan
Plans
Modifications
lieu
879
70
455
42
86
10,470
1,177
8,035
1,001
913
3,898
604
3,025
406
604
9,722
2,423
33,444
1,278
17,816
35,074
7,141
115,329
2,774
36,561
7,987
1,217
10,449
655
3,183
5,890
950
10,002
501
1,331
1,067
122
1,631
94
155
1,859
277
2,877
176
463
31,012
7,012
96,143
3,602
50,241
18,134
3,257
34,269
2,116
4,351
1,820
281
2,939
69
830
4,451
540
4,114
567
723
2,707
433
3,798
254
2,165
18,843
3,041
41,175
1,841
9,531
13,776
1,347
11,334
1,355
2,195
4,290
455
2,988
397
663
6,327
655
4,305
416
840
8,643
1,424
7,159
1,026
682
10,048
1,821
18,479
1,003
3,477
11,192
1,769
23,393
1,142
3,983
2,471
287
2,887
240
714
21,249
3,068
29,340
2,797
11,854
8,138
1,214
13,610
938
3,859
11,153
1,450
10,341
1,145
1,979
4,658
578
4,561
495
480
1,330
173
1,351
96
371
16,631
2,390
19,599
1,494
2,297
361
86
276
50
42
2,201
252
1,968
293
319
2,768
387
3,907
245
713
14,567
2,413
28,147
1,235
4,868
2,892
391
3,453
240
774
3,775
1,090
16,730
431
10,338
18,478
2,853
32,554
1,467
2,852
18,501
2,451
22,821
2,073
4,786
5,282
552
3,367
507
543
4,710
987
9,265
419
3,027
19,533
2,551
20,247
1,669
2,296
1,740
331
3,449
164
792
8,385
1,178
11,023
971
2,374
579
69
568
84
123
10,317
1,295
9,368
875
1,481
36,955
5,656
26,228
3,511
3,148
4,825
645
7,770
357
2,741
11,218
1,602
17,673
1,017
4,812
1,083
99
940
99
111
9,331
1,425
16,426
753
4,540
7,516
1,050
9,002
774
1,912
2,434
274
1,717
182
245
740
129
602
56
122
858
351
2,798
223
35
462,768
73,293
767,331 45,615
215,341
Since the first full quarter in conservatorship (4Q08). The state level data for HomeSaver Advance, charge-offs-in-lieu, short sales and deeds-in-lieu are not available for 4Q08 .
of Guam, Puerto Rico, Virgin Islands and other loans for which data are not available.
2 Consists
3 Consists
Page 44
Total
1,532
21,596
8,537
64,683
196,879
23,491
18,674
3,069
5,652
188,010
62,127
5,939
10,395
9,357
74,431
30,007
8,793
12,543
18,934
34,828
41,479
6,599
68,308
27,759
26,068
10,772
3,321
42,411
815
5,033
8,020
51,230
7,750
32,364
58,204
50,632
10,251
18,408
46,296
6,476
23,931
1,423
23,336
75,498
16,338
36,322
2,332
32,475
20,254
4,852
1,649
4,265
1,564,348

First Quarter 2012

Freddie Mac Foreclosure Prevention Actions by State - March 31, 2012
2011
State
Loan
Other 2
Plans
Plans
Modifications
AK
AL
AR
AZ
CA
CO
CT
DC
DE
FL
GA
HI
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
VT
WA
WI
WV
WY
Other3
Total
37
661
215
770
2,529
474
392
54
126
2,004
1,816
61
301
197
1,568
1,191
338
420
524
760
958
151
1,445
692
774
213
77
1,276
20
123
206
1,035
194
235
1,390
1,478
304
358
1,430
146
696
40
664
2,210
330
970
81
655
464
176
47
145
33,421
19
186
68
637
2,663
237
244
36
54
1,903
1,039
93
106
118
1,238
256
88
134
160
519
634
70
922
431
290
54
29
561
29
41
127
609
80
351
829
495
66
353
617
94
376
18
257
596
220
534
41
427
217
62
12
276
19,516
65
806
331
4,403
20,013
1,451
1,151
217
367
11,775
5,366
428
478
558
6,850
1,434
406
698
738
2,738
3,419
364
4,164
2,218
1,345
335
178
2,592
30
163
569
3,581
488
2,681
4,506
2,960
339
1,400
2,388
555
1,346
63
1,110
2,980
1,467
2,489
148
2,566
1,349
275
63
766
109,174
1Q12
16
5
24
16
3
7
2
3
79
94
1
20
3
90
169
7
28
7
4
3
940
5
43
14
20
3
9
5
25
403
14
6
30
21
2
37
39
3
8
4
9
16
3
1
2,241
Short Sales
& Deeds-inlieu
9
116
97
4,585
9,548
548
215
35
76
10,215
1,052
176
111
485
1,903
304
112
129
86
596
829
115
2,381
990
318
57
47
455
7
38
124
769
154
2,601
551
636
85
810
417
131
469
7
262
507
704
926
10
953
332
61
17
2
46,163
Total
130
1,785
716
10,419
34,769
2,713
2,009
344
626
25,976
9,367
759
1,016
1,361
11,649
3,354
951
1,409
1,515
4,617
5,843
700
9,852
4,336
2,770
673
331
4,904
86
368
1,026
6,003
916
5,873
7,301
5,972
808
2,927
4,882
926
2,908
130
2,330
6,332
2,724
4,927
284
4,610
2,378
577
139
1,190
210,515
Loan
Other 2
Plans
Plans
Modifications
8
222
83
225
784
135
123
34
40
626
590
29
83
63
535
370
114
157
168
243
262
35
405
231
238
75
28
430
9
48
57
293
60
59
420
478
90
109
493
56
220
13
215
694
115
258
22
226
168
60
14
62
10,575
32
8
114
471
38
47
6
6
368
192
11
16
22
238
52
10
23
18
76
125
14
179
76
64
8
2
106
14
10
20
143
16
41
173
108
15
55
113
12
114
1
58
138
32
84
4
80
46
14
43
3,656
8
75
28
452
2,495
176
193
19
48
1,724
660
34
49
70
922
155
36
64
93
303
414
57
477
230
129
26
25
296
6
19
76
492
51
285
787
305
36
168
285
60
162
9
144
376
145
271
25
368
161
26
4
158
13,677
10
1
3
3
2
1
2
24
19
2
27
50
12
2
5
2
172
1
23
8
6
1
1
3
14
78
1
2
11
1
5
10
14
1
4
1
3
525
Short Sales
& Deeds-inlieu
2
23
22
1,258
2,588
129
63
7
24
2,618
300
46
30
119
642
93
20
37
28
140
266
21
570
258
80
4
15
131
3
11
33
226
40
684
172
151
15
206
118
30
115
3
65
109
185
173
3
276
75
11
6
1
12,245
Total
18
362
142
2,052
6,341
480
426
67
120
5,360
1,761
120
180
274
2,364
720
180
293
309
762
1,072
129
1,803
796
534
121
70
969
32
89
187
1,157
167
1,069
1,566
1,120
157
540
1,020
159
616
26
492
1,331
478
790
55
950
453
111
24
264
40,678
Since the first full quarter in conservatorship (4Q08). The state level data for repayment plans and forbearance plans are not available for 1Q08 and 2009.
3 Consists of Guam, Puerto Rico, Virgin Islands and other loans for which data are not available.
Short Sales
Loan
Plans
Modifications
lieu
70
1,539
502
1,774
5,663
1,047
873
150
307
4,792
3,899
152
645
401
3,510
2,677
754
998
1,269
1,629
2,046
347
3,391
1,487
1,768
501
185
2,766
54
263
452
2,369
443
519
3,072
3,382
718
728
3,312
361
1,567
88
1,472
4,988
688
2,073
185
1,523
1,022
405
98
284
75,206
40
448
169
2,422
8,865
787
615
83
159
5,907
2,667
243
279
309
3,825
726
224
347
373
1,349
1,734
173
2,753
1,450
803
187
90
1,665
55
136
359
1,781
218
1,193
2,557
1,519
225
852
1,583
247
967
44
690
1,750
693
1,432
95
1,229
670
189
30
557
57,766
248
3,017
1,312
17,994
62,848
5,522
3,883
682
1,288
40,169
17,255
1,314
1,940
1,858
22,014
6,221
1,614
2,716
2,575
8,782
11,522
1,192
16,511
9,152
5,130
1,302
633
9,863
147
798
2,083
11,568
1,470
9,129
13,359
12,478
1,406
4,617
8,863
1,695
5,033
253
4,197
10,778
4,501
9,043
453
7,806
4,844
1,028
231
1,525
375,867
1
50
7
38
50
9
8
6
8
157
217
1
44
4
199
464
17
64
36
10
15
2
3,005
13
108
27
49
7
2
24
3
6
87
1,083
20
13
77
2
39
3
77
97
7
21
7
17
28
7
1
6,237
34
329
269
11,534
24,098
1,747
516
80
186
25,923
2,541
456
312
1,138
4,851
1,006
303
390
238
1,641
2,164
266
6,698
2,639
1,014
115
134
1,098
24
137
374
1,997
363
6,103
1,418
1,975
229
1,808
1,108
386
1,065
25
645
1,420
1,847
2,706
34
2,354
932
165
41
9
118,885
2 Consists
Page 45
Total
393
5,383
2,259
33,762
101,524
9,112
5,895
1,001
1,947
76,947
26,580
2,166
3,220
3,710
34,399
11,094
2,912
4,515
4,491
13,412
17,482
1,981
32,358
14,742
8,823
2,132
1,042
15,441
280
1,341
3,271
17,738
2,497
16,951
20,494
20,438
2,598
8,018
14,943
2,691
8,671
413
7,081
19,033
7,736
15,274
774
12,929
7,496
1,795
400
2,376
633,961

First Quarter 2012
FHFA produces monthly and quarterly versions of the Foreclosure Prevention & Refinance Report. In addition to the data provided in the monthly reports, the quarterly reports include the
following information: MHA program updates; benchmarking of the Enterprises delinquency rates; the type and depth of loan modifications; and the performance of modified loans.
Glossary
Data and definitions in this report have been revised relative to prior versions of the report. FHFA continues to work with the Enterprises to improve the comparability of reported data.
Section 1: Mortgage Performance

Total Loans Serviced - Total conventional active book of business, excluding loans that were
liquidated during the month.
Current and Performing - Loans that are making timely payments and are 0 months delinquent
as of the reporting month.
Total Delinquent Loans - Loans that are at least one payment past due, i.e., total servicing
minus current and performing.
30-59 Days Delinquent - Includes loans that are only one payment delinquent.
60-89 Days Delinquent - Includes loans that are only two payments delinquent.
60-plus-days Delinquent - Loans that are two or more payments delinquent, including loans in
relief, in the process of foreclosure, or in the process of bankruptcy, i.e., total servicing minus
current and performing, and 30 to 59 days delinquent loans. Our calculation may exclude loans
in bankruptcy process that are less than 60 days delinquent.
Serious Delinquency - All loans in the process of foreclosure plus loans that are three or more
payments delinquent (including loans in the process of bankruptcy).
In Bankruptcy - Loans in the process of bankruptcy; includes all delinquency status.
Section 2: Completed Foreclosure Prevention Actions
Home Retention Actions - Repayment plans, forbearance plans, charge-offs in lieu of
foreclosure, Home Saver Advances, and loan modifications. Home retention actions allow
borrowers to retain ownership/occupancy of their homes while attempting to return loans to
current and performing status.
Repayment Plans - An agreement between the servicer and a borrower that gives the borrower
a defined period of time to reinstate the mortgage by paying normal regular payments plus an
additional agreed upon amount in repayment of the delinquency.
Forbearance Plans - An agreement between the servicer and the borrower (or estate) to
reduce or suspend monthly payments for a defined period of time after which borrower
resumes regular monthly payments and pays additional money toward the delinquency to bring
the account current or works with the servicer to identify a permanent solution, such as loan
modification or short sale, to address the delinquency.
Charge-offs-in-lieu of Foreclosure - A delinquent loan for which collection efforts or legal
actions against the borrower are agreed to be not in the Enterprises' best interests (because of
reduced property value, a low outstanding mortgage balance, or presence of certain
environmental hazards). The servicer charges off the mortgage debt rather than completing
foreclosure and taking the property title. The borrower retains the property. The unpaid
mortgage balance becomes a lien on the borrowers property, which must be satisfied when the
borrower transfers ownership.
HomeSaver Advance (Fannie Mae) - An unsecured personal loan to a qualified borrower to
cure his or her payment defaults under a mortgage loan the Enterprises own or guarantee. The
borrower must be able to resume regular monthly payments on his or her mortgage.
Loan Modifications - Number of modified, renegotiated, or restructured loans, regardless of

performance-to-date under the plan during the month. Terms of the contract between the
borrower and the lender are altered with the aim of curing the delinquency (30 days or more
past due).
Nonforeclosure-Home Forfeiture Actions- Short sales and deeds-in-lieu of foreclosure.
These actions require borrowers to give up their homes. Although homes are forfeited,
foreclosure alternatives generally have less adverse impact on borrowers and their credit
reports than foreclosure.
Short Sales - A short sale (also called a preforeclosure sale) is the sale of a mortgaged
property at a price that nets less than the total amount due on the mortgage (e.g., the sum
of the unpaid principal balance, accrued interest, advanced escrows, late fees, and
delinquency charges.) The servicer and borrower negotiate payment of the difference
between the net sales price and the total amount due on the mortgage.
Deed(s)-in-lieu of Foreclosure - A loan for which the borrower voluntarily conveys the
property to the lender to avoid a foreclosure proceeding.
Section 3: Loan Modifications
Increase - Principal and interest after modification is higher than before the modification.
No Increase - Original principal and interest is unchanged after the modifications.
Decrease <=20% - Original principal and interest is decreased by 20 percent or less after
modification.
Decrease >20% - Original principal and interest is decreased by more than 20 percent after
modification.
Extend Term Only - Remaining term of the loan is longer after modification.
Reduce Rate Only - Loan's rate is lower after modification.
Reduce Rate and Extend Term - Loan's rate reduced and term extended.
Reduce Rate, Extend Term, and Forbear Principal - Modification includes term extension,
rate reduction, and forbearance of principal.
Other - A modification that does not fit in any of the above categories. The majority of these
loans are capitalized modifications.
Section 4: Third-party Sales and Foreclosures
Third-party Sales - A third party entity purchases the property at the foreclosure
sale/auction above the initial bid set forth by Fannie Mae or Freddie Mac.
Foreclosure Starts - The total number of loans referred to an attorney to initiate the legal
process of foreclosure during the month. These are loans measured as not being in
foreclosure in the previous month but referred to foreclosure in the current month.
Foreclosure Sales - The number of loans that went to foreclosure (sheriff's) sale during the
month.
Page 46

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Federal Housing Finance Agency

Foreclosure Prevention Report

Federal Housing Finance Agency

Foreclosure Prevention Report

Federal Housing Finance Agency

Foreclosure Prevention Report

Table of Contents (Cont.)

Foreclosure Prevention Report

Federal Housing Finance Agency

First Quarter 2012 Highlights

Foreclosure Prevention & Refinance Activities

Completed Foreclosure Prevention Actions

The Enterprises' Completed Foreclosure Prevention Actions:

HAMP Active Trials

* Includes HAMP permanent modifications

The Enterprises' Mortgage Performance:

Mortgage Performance (at period end)

30-59 Days Delinquent

(Percent of total loans serviced)

30-59 Days Delinquent

Foreclosure Prevention Report

Federal Housing Finance Agency

Home Affordable Modification Program (HAMP) - Status Update

Announced March 4, 2009.

Cumulative from April 2009 through

Allows a borrowers payment to be reduced to an affordable

Approximately 960,900 homeowners have been offered a HAMP

About 14,000 HAMP trials became permanent modifications in the

Nearly 31,100 borrowers were in a HAMP trial modification period

Trial Modifications Ever Started

Source: HAMP system of record (IR2)

Foreclosure Prevention Report

Federal Housing Finance Agency

Enterprises' Mortgage Delinquency Rates

Original Credit Score < 6601

30-59 Days Delinquent

Original Credit Score >= 660

Serious Delinquency Rates2

60-plus-days Delinquency Rates

Includes loans with missing original credit score.

Foreclosure Prevention Report

Federal Housing Finance Agency

Foreclosure Prevention Activity: All Actions Completed

Completed Foreclosure Prevention Actions

Nonforeclosure - Home Forfeiture Actions

Home Retention Actions

Since the first full quarter in conservatorship (4Q08).

Foreclosure Prevention Report

Federal Housing Finance Agency

Foreclosure Prevention Activity: All Actions Completed

Number of loans in thousands

Short Sales &

Consists of HomeSaver Advance (Fannie Mae) and Charge-offs-in-lieu.

Foreclosure Prevention Report

Federal Housing Finance Agency

Foreclosure Prevention Activity: Home Retention Actions

Repayment and Forbearance Plans Completed

(Number of loans in thousands)

(Number of loans in thousands)

Foreclosure Prevention Report

Federal Housing Finance Agency

Enterprises' Loan Modifications

44% 47% 48% 46%

37% 37% 34% 35% 38%