Freddie Mac 2014 Annual Report Download - page 114

109 Freddie Mac
As of December 31, 2013
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 0.1% 2.74% 0.1% 6.69% —% 15.66% 0.2% 1.9% 3.75%
Credit scores of 620 to 659 0.8 1.40 0.2 2.79 — 6.33 1.0 0.8 1.65
45.2 0.15 7.3 0.45 0.1 2.10 52.6 0.1 0.19
Credit scores not available — 1.43 — 3.58 — 11.74 — 1.2 4.28
Total New single-family book 46.1 0.18 7.6 0.54 0.1 3.58 53.8 0.1 0.24
By Region:(3)
North Central 7.4 0.14 1.7 0.49 0.1 2.46 9.2 0.1 0.22
Northeast 12.6 0.26 2.2 0.71 — 4.05 14.8 0.1 0.33
Southeast 6.0 0.22 1.5 0.51 — 5.28 7.5 0.1 0.31
Southwest 5.8 0.16 1.3 0.40 — 2.71 7.1 0.1 0.21
West 14.3 0.13 0.9 0.59 — 3.57 15.2 0.1 0.16
Total New single-family book 46.1 0.18 7.6 0.54 0.1 3.58 53.8 0.1 0.24
HARP and other relief refinance loans
By Credit score:
Credit scores < 620 0.3 1.83 0.3 2.75 0.2 3.23 0.8 1.3 2.45
Credit scores of 620 to 659 0.5 0.94 0.4 1.63 0.4 2.14 1.3 0.7 1.46
9.5 0.24 5.3 0.71 3.8 1.03 18.6 0.2 0.50
Total HARP and other relief refinance loans 10.3 0.33 6.0 0.87 4.4 1.25 20.7 0.3 0.64
By Region:(3)
North Central 1.7 0.28 1.4 0.74 1.0 1.41 4.1 0.3 0.66
Northeast 2.4 0.44 1.5 1.30 0.9 1.95 4.8 0.4 0.91
Southeast 1.5 0.32 1.1 0.69 1.0 0.88 3.6 0.2 0.56
Southwest 1.2 0.19 0.4 0.58 0.2 0.99 1.8 0.1 0.33
West 3.5 0.35 1.6 0.88 1.3 1.05 6.4 0.3 0.60
Total HARP and other relief refinance loans 10.3 0.33 6.0 0.87 4.4 1.25 20.7 0.3 0.64
Legacy single-family book
By Credit score:
Credit scores < 620 0.9 8.36 0.5 16.38 0.5 25.42 1.9 23.1 12.67
Credit scores of 620 to 659 1.8 5.90 0.9 12.71 0.9 21.45 3.6 17.9 9.71
12.0 2.25 4.2 8.19 3.6 15.55 19.8 7.6 4.44
Credit scores not available 0.2 5.82 — 18.34 — 27.12 0.2 9.7 7.45
Total Legacy single-family book 14.9 3.13 5.6 9.73 5.0 17.72 25.5 10.0 5.75
By Region:(3)
North Central 2.3 2.34 1.1 6.95 0.8 13.00 4.2 9.0 4.48
Northeast 4.0 4.46 1.5 15.90 1.0 26.52 6.5 9.9 7.90
Southeast 2.8 3.66 1.2 9.27 1.4 20.18 5.4 10.0 7.15
Southwest 2.3 2.33 0.4 7.59 0.2 13.78 2.9 5.6 3.15
West 3.5 2.31 1.4 8.21 1.6 13.18 6.5 14.5 4.78
Total Legacy single-family book 14.9 3.13 5.6 9.73 5.0 17.72 25.5 10.0 5.75
Total single-family credit guarantee
portfolio 71.3% 1.28% 19.2% 3.75% 9.5% 9.95% 100.0% 3.8% 2.39%
(1) The current LTV ratios are our estimates. See endnote (3) to “Table 42 — Characteristics of the Single-Family Credit Guarantee Portfolio” for further
information.
(2) Based on UPB. Within these columns, "—" represents less than 0.05%.
(3) See endnote (1) to "Table 16 — Single-Family Charge-offs and Recoveries by Region " for a description of these regions.
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