Fannie Mae 2010 Annual Report Download - page 328

(2)
Consists of single-family conventional loans that were three months or more past due or in foreclosure as of
December 31, 2010 and 2009.
(3)
Calculated based on the aggregate unpaid principal balance of delinquent single-family conventional loans divided by
the aggregate unpaid principal balance of loans in our single-family conventional guaranty book of business.
(4)
Calculated based on the number of single-family conventional loans that were delinquent divided by the total number
of loans in our single-family conventional guaranty book of business.
(5)
Consists of Illinois, Indiana, Michigan, and Ohio.
(6)
Categories are not mutually exclusive. Loans with multiple product features are included in all applicable categories.
(7)
Includes housing goals-oriented products such as MyCommunityMortgage»and Expanded Approval».
30 Days
Delinquent
Seriously
Delinquent
(3)
30 Days
Delinquent
Seriously
Delinquent
(3)
As of December 31, 2010
(1)(2)
As of December 31, 2009
(1)(2)
Percentage of multifamily guaranty book of business......... 0.21% 0.71% 0.28% 0.63%
Percentage of
Multifamily
Guaranty
Book of Business
Percentage
Seriously
Delinquent
Percentage of
Multifamily
Guaranty
Book of Business
Percentage
Seriously
Delinquent
As of December 31, 2010
(1)(2)
As of December 31, 2009
(1)(2)
Originating loan-to-value ratio:
Greater than 80% . . . . . . . . . . . . . . . . . . . . 5% 0.59% 5% 0.50%
Less than or equal to 80%. . . . . . . . . . . . . . 95 0.71 95 0.63
Originating debt service coverage ratio:
Less than or equal to 1.10 . . . . . . . . . . . . . . 9 0.27 10 0.17
Greater than 1.10 . . . . . . . . . . . . . . . . . . . . 91 0.75 90 0.68
Acquisition loan size distribution:
Less than or equal to $750,000 . . . . . . . . . . 2 1.61 3 1.27
Greater than $750,000 and less than or equal
to $3 million . . . . . . . . . . . . . . . . . . . . . 12 1.17 13 1.01
Greater than $3 million and less than or
equal to $5 million . . . . . . . . . . . . . . . . . 9 0.88 9 1.08
Greater than $5 million and less than or
equal to $25 million . . . . . . . . . . . . . . . . 42 0.88 41 0.60
Greater than $25 million . . . . . . . . . . . . . . . 35 0.24 34 0.34
Maturing dates:
Maturing in 2011 . . . . . . . . . . . . . . . . . . . . 3 0.68 5 0.64
Maturing in 2012 . . . . . . . . . . . . . . . . . . . . 7 0.42 10 1.13
Maturing in 2013 . . . . . . . . . . . . . . . . . . . . 11 0.54 12 0.22
Maturing in 2014 . . . . . . . . . . . . . . . . . . . . 8 0.67 9 0.62
Maturing in 2015 . . . . . . . . . . . . . . . . . . . . 9 0.57
(1)
Consists of the portion of our multifamily guaranty book of business for which we have detailed loan level
information, which constituted 99% our total multifamily guaranty book of business as of both December 31, 2010 and
2009, excluding loans that have been defeased. Defeasance is a pre-payment of a loan through substitution of
collateral.
(2)
Calculated based on the aggregate unpaid principal balance of delinquent multifamily loans divided by the aggregate
unpaid principal balance of loans in our multifamily guaranty book of business.
(3)
Consists of multifamily loans that were 60 days or more past due as of December 31, 2010 and 2009.
F-70
FANNIE MAE
(In conservatorship)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)