Bloomberg News

Freddie Mac Monthly Delinquency Rates for February

March 27, 2012

Following are mortgage delinquency rates as reported by Freddie Mac.

===============================================================================
                        Feb.    Jan.    Dec.    Nov.    Oct.   Sept.    Aug.
                        2012    2012    2011    2011    2011    2011    2011
===============================================================================
                       ----- Single-Family (90 days or more delinquent) -----
All Loans              3.57%   3.59%   3.58%   3.57%   3.54%   3.51%   3.49%
 Non-Credit Enhanced   2.84%   2.84%   2.84%   2.82%   2.80%   2.77%   2.75%
 Credit Enhanced       8.20%   8.23%   8.03%   7.82%   7.77%   7.70%   7.66%
                       ----- Multi-Family (60 days or more delinquent) ----
All Loans              0.21%   0.21%   0.22%   0.28%   0.31%   0.33%   0.35%
===============================================================================
NOTE: Single-family and multifamily statistics are based on the 
Total Mortgage Portfolio excluding both non-Freddie Mac mortgage-related
securities and that portion of Guaranteed Structured Securities that
is backed by Ginnie Mae certificates. Single-family delinquencies are 
based on the number of mortgages 90 days or more delinquent or in foreclosure. 
Multifamily delinquencies are based on the net carrying value of 
mortgages 60 days or more delinquent or in foreclosure. The
single-family non-credit-enhanced statistic includes only those loans for 
which Freddie Mac has assumed primary or full default risk. As a result,
this statistic excludes loans covered by primary mortgage insurance ("MI"), 
securities subject to subordinated agreements and loans for which the
lender or third party has retained the primary default risk. 

SOURCE: Freddie Mac.

To contact the reporter on this story: Ainhoa Goyeneche in Washington at agoyenechecu@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net


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