Freddie Mac 2009 Annual Report Download - page 160

Table 61 presents statistics for combinations of certain characteristics of the mortgages in our single-family mortgage portfolio as of December 31, 2009.
Table 61 — Single-Family Mortgage Portfolio by Attribute Combinations at December 31, 2009
Percentage
of Portfolio
(2)
Percentage
Modified
(3)
Delinquency
Rate
(4)
Percentage
of Portfolio
(2)
Percentage
Modified
(3)
Delinquency
Rate
(4)
Percentage
of Portfolio
(2)
Percentage
Modified
(3)
Delinquency
Rate
(4)
Percentage
of Portfolio
(2)
Percentage
Modified
(3)
Delinquency
Rate
(4)
Current LTV
(1)
⬍80 Current LTV
(1)
Between 80-95 Current LTV
(1)
⬎95 Current LTV
(1)
All LoansBy Product Type
FICO ⬍620:
30-year amortizing fixed-rate .... 1.2% 4.0% 9.5% 0.7% 6.7% 15.8% 1.1% 13.7% 27.2% 3.0% 7.6% 16.2%
15-year amortizing fixed-rate .... 0.2 1.0 4.4 0.0 1.3 10.9 0.0 1.8 17.3 0.2 1.0 5.0
ARMs/adjustable-rate ......... 0.1 0.1 11.9 0.0 0.2 19.3 0.1 0.3 28.7 0.2 0.2 17.6 Interest only ............... 0.0 0.2 17.9 0.1 0.1 25.5 0.1 0.7 42.7 0.2 0.5 35.4
Balloon/resets .............. 0.0 0.0 15.5 0.0 0.6 17.7 0.0 0.0 25.4 0.0 0.1 17.3
FHA/VA ................. 0.0 2.1 3.6 0.0 2.1 4.9 0.0 1.9 11.2 0.0 2.1 4.5 USDA Rural Development . ..... 0.0 6.0 15.0 0.0 2.9 13.5 0.0 1.7 11.2 0.0 2.7 12.3
Total FICO ⬍620........... 1.5 3.1 8.2 0.8 6.0 16.0 1.3 11.8 27.8 3.6 6.0 14.9
FICO of 620 to 659:
30-year amortizing fixed-rate .... 2.6 2.2 5.3 1.4 3.5 9.4 2.2 7.6 18.8 6.2 4.1 10.3
15-year amortizing fixed-rate .... 0.6 0.5 2.6 0.1 0.5 5.5 0.0 1.2 10.9 0.7 0.5 2.9
ARMs/adjustable-rate ......... 0.1 0.1 5.8 0.1 0.2 12.7 0.2 0.3 23.6 0.4 0.2 13.3
Interest only ............... 0.1 0.1 11.9 0.1 0.3 20.0 0.4 0.4 36.5 0.6 0.4 29.7
Balloon/resets .............. 0.0 0.1 8.4 0.0 0.4 11.9 0.0 0.2 16.7 0.0 0.1 10.3
FHA/VA ................. 0.0 0.6 1.3 0.0 0.0 3.4 0.0 0.5 3.2 0.0 0.5 2.0 USDA Rural Development . ..... 0.0 2.0 6.8 0.0 1.3 7.9 0.0 0.7 4.5 0.0 1.0 5.4 Total FICO of 620 to 659 . ..... 3.4 1.6 4.7 1.7 3.1 9.9 2.8 6.3 20.6 7.9 3.2 10.1
FICO ⬎= 660:
30-year amortizing fixed-rate .... 36.2 0.3 1.0 16.2 0.5 2.5 13.3 1.9 8.2 65.7 0.6 2.6
15-year amortizing fixed-rate .... 11.3 0.0 0.4 0.9 0.1 1.1 0.3 0.2 4.2 12.5 0.0 0.5
ARMs/adjustable-rate ......... 1.6 0.0 1.7 0.7 0.0 5.0 1.0 0.1 14.9 3.3 0.0 5.8
Interest only ............... 1.2 0.0 3.4 1.3 0.1 8.7 3.6 0.3 22.6 6.1 0.2 15.7
Balloon/resets .............. 0.2 0.0 2.0 0.0 0.0 6.1 0.0 0.0 8.4 0.2 0.0 3.3 FHA/VA ................. 0.0 0.1 1.1 0.0 0.0 0.7 0.0 0.1 0.5 0.0 0.1 0.8 USDA Rural Development . ..... 0.0 0.9 3.4 0.0 0.4 2.6 0.1 0.2 1.4 0.1 0.3 1.8 Total FICO ⬎=660.......... 50.5 0.2 0.8 19.1 0.4 2.8 18.3 1.5 10.5 87.9 0.4 2.8
Total of FICO not available .... 0.4 1.6 4.8 0.1 2.3 15.0 0.1 6.1 24.9 0.6 2.0 7.5
All FICO
(5)
:
30-year amortizing fixed-rate .... 40.2 0.6 1.7 18.4 1.0 3.7 16.6 3.5 11.1 75.2 1.3 4.0
15-year amortizing fixed-rate .... 12.1 0.1 0.6 0.9 0.1 1.7 0.4 0.3 5.3 13.4 0.1 0.7
ARMs/adjustable-rate ......... 1.8 0.0 2.5 0.9 0.1 6.6 1.2 0.2 16.8 3.9 0.1 6.9 Interest only ............... 1.3 0.0 4.2 1.5 0.1 10.3 4.1 0.3 24.7 6.9 0.2 17.6
Balloon/resets .............. 0.3 0.0 3.1 0.0 0.1 7.4 0.0 0.1 10.1 0.3 0.0 4.5
FHA/VA ................. 0.1 1.7 10.7 0.0 0.6 16.0 0.1 0.5 13.1 0.2 1.3 11.8 USDA Rural Development . ..... 0.0 2.2 6.6 0.0 1.0 5.8 0.1 0.5 3.4 0.1 0.8 4.3
Total Single-Family Mortgage
Portfolio
(6)
................ 55.8% 0.4% 1.4% 21.7% 0.9% 4.1% 22.5% 2.8% 13.1% 100.0% 0.9% 4.0%
See endnotes on next page.
157 Freddie Mac