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Fannie Mae Loan Modifications Drop
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO TAKE IT TO THE NEXT LEVEL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Fannie Mae Loan Modifications Drop
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Fannie Mae Loan Modifications Drop

The number of loan modifications completed by Fannie Mae fell by over fifteen percent in September according to the agency’s Monthly Summary report for September 2013.

Fannie Mae completed a total of 11,676 loan modifications in September, down from 13,791 loan modifications in August. So far this year Fannie Mae has completed 120,848 loan modifications for an average of 13,427 completed modifications per month. In 2012, Fannie Mae completed at total of 163,412 loan modifications for an average of 13,618 per month.

The monthly delinquency rate for single-family homes in Fannie Mae’s mortgage portfolio declined to 2.55 percent from 2.61 percent in August. In April, the delinquency rate fell below three percent for the first time since February of 2009.

A year ago, Fannie Mae’s delinquency rate was 3.41 percent and has either declined or remained unchanged from the previous month since September of 2010.

Delinquency rates for multi-family dwellings remained unchanged from August at 0.18 percent. The delinquency rate for multi-family dwellings in September of 2012 was 0.28 percent.

Single-family delinquencies are based on the number of mortgages 90 days or more delinquent or in foreclosure as of period end while multifamily delinquencies are based on the unpaid principal balance of mortgages 60 days or more delinquent or in foreclosure as of period end.

Fannie Mae’s total mortgage portfolio declined at a compounded annualized rate of 29.1 percent in September as their Gross Mortgage Portfolio decreased from $531.3 billion in August to $516.2 billion in September. Fannie Mae’s Book of Business decreased at a compounded annualized rate of 1.3 percent in September to $3.164 trillion.

A year ago, Fannie Mae’s Gross Mortgage Portfolio stood at $654.3 billion and their Book of Business stood at $3.193 trillion.

Tags: Fannie Mae, Monthly Summary Report, single-family homes, delinquency rates, multi-family dwellings, mortgage portfolio, loan modifications

Source:
Fannie Mae

Reported by Jeff Alan

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
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The number of loan modifications completed by Fannie Mae fell by over fifteen percent in September according to the agency’s Monthly Summary report for September 2013.

Fannie Mae completed a total of 11,676 loan modifications in September, down from 13,791 loan modifications in August. So far this year Fannie Mae has completed 120,848 loan modifications for an average of 13,427 completed modifications per month. In 2012, Fannie Mae completed at total of 163,412 loan modifications for an average of 13,618 per month.

The monthly delinquency rate for single-family homes in Fannie Mae’s mortgage portfolio declined to 2.55 percent from 2.61 percent in August. In April, the delinquency rate fell below three percent for the first time since February of 2009.

A year ago, Fannie Mae’s delinquency rate was 3.41 percent and has either declined or remained unchanged from the previous month since September of 2010.

Delinquency rates for multi-family dwellings remained unchanged from August at 0.18 percent. The delinquency rate for multi-family dwellings in September of 2012 was 0.28 percent.

Single-family delinquencies are based on the number of mortgages 90 days or more delinquent or in foreclosure as of period end while multifamily delinquencies are based on the unpaid principal balance of mortgages 60 days or more delinquent or in foreclosure as of period end.

Fannie Mae’s total mortgage portfolio declined at a compounded annualized rate of 29.1 percent in September as their Gross Mortgage Portfolio decreased from $531.3 billion in August to $516.2 billion in September. Fannie Mae’s Book of Business decreased at a compounded annualized rate of 1.3 percent in September to $3.164 trillion.

A year ago, Fannie Mae’s Gross Mortgage Portfolio stood at $654.3 billion and their Book of Business stood at $3.193 trillion.

Tags: Fannie Mae, Monthly Summary Report, single-family homes, delinquency rates, multi-family dwellings, mortgage portfolio, loan modifications

Source:
Fannie Mae

Reported by Jeff Alan

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

The number of loan modifications completed by Fannie Mae fell by over fifteen percent in September according to the agency’s Monthly Summary report for September 2013.

Fannie Mae completed a total of 11,676 loan modifications in September, down from 13,791 loan modifications in August. So far this year Fannie Mae has completed 120,848 loan modifications for an average of 13,427 completed modifications per month. In 2012, Fannie Mae completed at total of 163,412 loan modifications for an average of 13,618 per month.

The monthly delinquency rate for single-family homes in Fannie Mae’s mortgage portfolio declined to 2.55 percent from 2.61 percent in August. In April, the delinquency rate fell below three percent for the first time since February of 2009.

A year ago, Fannie Mae’s delinquency rate was 3.41 percent and has either declined or remained unchanged from the previous month since September of 2010.

Delinquency rates for multi-family dwellings remained unchanged from August at 0.18 percent. The delinquency rate for multi-family dwellings in September of 2012 was 0.28 percent.

Single-family delinquencies are based on the number of mortgages 90 days or more delinquent or in foreclosure as of period end while multifamily delinquencies are based on the unpaid principal balance of mortgages 60 days or more delinquent or in foreclosure as of period end.

Fannie Mae’s total mortgage portfolio declined at a compounded annualized rate of 29.1 percent in September as their Gross Mortgage Portfolio decreased from $531.3 billion in August to $516.2 billion in September. Fannie Mae’s Book of Business decreased at a compounded annualized rate of 1.3 percent in September to $3.164 trillion.

A year ago, Fannie Mae’s Gross Mortgage Portfolio stood at $654.3 billion and their Book of Business stood at $3.193 trillion.

Tags: Fannie Mae, Monthly Summary Report, single-family homes, delinquency rates, multi-family dwellings, mortgage portfolio, loan modifications

Source:
Fannie Mae

Reported by Jeff Alan

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS