Freddie Mac 2014 Annual Report Download - page 113

108 Freddie Mac
Table 48 — Single-Family Credit Guarantee Portfolio by Attribute Combinations
As of December 31, 2014
Current LTV Ratio (1) Current LTV Ratio
of > 80 to 100(1) Current LTV > 100(1) Current LTV Ratio All Loans(1)
Percentage
of
Portfolio(2)
Serious
Delinquency
Rate
Percentage
of
Portfolio(2)
Serious
Delinquency
Rate
Percentage
of
Portfolio(2)
Serious
Delinquency
Rate
Percentage
of
Portfolio(2)
Percentage
Modified
Serious
Delinquency
Rate
New single-family book
By Credit score:
Credit scores < 620 0.2% 2.77% —% 5.05% —% 16.43% 0.2% 2.5% 3.34%
Credit scores of 620 to 659 1.0 1.21 0.2 2.11 — 7.48 1.2 1.1 1.38
50.3 0.16 7.9 0.39 0.1 2.14 58.3 0.1 0.19
Credit scores not available 0.1 1.64 — 3.93 — 10.06 0.1 2.1 3.77
Total New single-family book 51.6 0.19 8.1 0.47 0.1 3.75 59.8 0.2 0.24
By Region:(3)
North Central 8.2 0.16 1.7 0.41 — 2.25 9.9 0.1 0.20
Northeast 13.6 0.28 2.3 0.73 — 4.41 15.9 0.2 0.34
Southeast 6.9 0.24 1.6 0.45 — 5.45 8.5 0.2 0.29
Southwest 6.8 0.18 1.2 0.30 — 3.48 8.0 0.1 0.20
West 16.1 0.13 1.3 0.33 0.1 1.76 17.5 0.1 0.15
Total New single-family book 51.6 0.19 8.1 0.47 0.1 3.75 59.8 0.2 0.24
HARP and other relief refinance loans
By Credit score:
Credit scores < 620 0.4 1.85 0.3 3.10 0.2 4.15 0.9 2.3 2.63
Credit scores of 620 to 659 0.7 1.12 0.4 2.02 0.3 2.86 1.4 1.3 1.71
10.5 0.28 4.5 0.90 2.6 1.53 17.6 0.4 0.58
Total HARP and other relief refinance loans 11.6 0.38 5.2 1.11 3.1 1.83 19.9 0.5 0.75
By Region:(3)
North Central 2.1 0.37 1.2 1.03 0.7 1.91 4.0 0.5 0.77
Northeast 2.6 0.55 1.4 1.60 0.7 2.88 4.7 0.8 1.11
Southeast 1.8 0.38 1.0 0.91 0.7 1.33 3.5 0.4 0.68
Southwest 1.4 0.26 0.2 1.06 0.1 1.44 1.7 0.3 0.43
West 3.7 0.34 1.4 0.94 0.9 1.52 6.0 0.6 0.61
Total HARP and other relief refinance loans 11.6 0.38 5.2 1.11 3.1 1.83 19.9 0.5 0.75
Legacy single-family book
By Credit score:
Credit scores < 620 0.8 7.93 0.4 15.58 0.4 23.56 1.6 27.1 11.29
Credit scores of 620 to 659 1.6 5.71 0.7 12.36 0.6 20.05 2.9 21.7 8.66
10.2 2.26 3.2 8.11 2.2 14.31 15.6 9.6 3.90
Credit scores not available 0.2 5.75 — 18.51 — 25.47 0.2 11.4 6.96
Total Legacy single-family book 12.8 3.13 4.3 9.62 3.2 16.56 20.3 12.5 5.13
By Region:(3)
North Central 2.0 2.42 0.8 7.18 0.5 13.23 3.3 11.3 4.08
Northeast 3.3 4.63 1.2 15.87 0.8 26.95 5.3 12.7 7.77
Southeast 2.5 3.39 0.9 8.59 0.9 16.14 4.3 12.6 5.63
Southwest 1.9 2.48 0.2 8.76 0.1 15.68 2.2 7.0 3.12
West 3.1 2.26 1.2 7.23 0.9 11.08 5.2 17.6 3.91
Total Legacy single-family book 12.8 3.13 4.3 9.62 3.2 16.56 20.3 12.5 5.13
Total single-family credit guarantee
portfolio 76.0% 1.13% 17.6% 3.21% 6.4% 9.06% 100.0% 4.1% 1.88%
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