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Freddie Mac Reports Drop in Single-Family Delinquencies in February
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
Freddie Mac Reports Drop in Single-Family Delinquencies in February
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
Freddie Mac Reports Drop in Single-Family Delinquencies in February

March 28, 2011 (Shirley Allen)
mortgage-freddiemac-image
Government backed mortgage giant Freddie Mac reports the seriously delinquent rate, mortgages that are 90 days or more delinquent or in foreclosure, of single family homes fell to 3.78 percent in February, while the multifamily delinquency rate, mortgages that are 60 days or more delinquent or in foreclosure, increased to 0.36 percent.

February’s single family home delinquency rate is down from 3.82 percent in January and down from 4.20 percent in February 2010. Multifamily delinquencies in February are up from 0.28 percent in January and up from 0.23 percent from a year earlier.

The February Monthly Summary Report also revealed that so far this year, Freddie Mac has completed 23,017 loan modifications for the first two months of the year. February’s loan modifications totaled 11,885, while January’s total was 11,153 loan modifications completed.

Also in February, single-family, refinance-loan purchase and guarantee volume hit $31.4 billion, representing 81% of total mortgage purchases and issuances. That compares to last month when the single-family refinance-loan purchase and guarantee volume was $32.4 billion or 83% of total loan volume.

The aggregate unpaid balance on all of Freddie Mac’s mortgage-related portfolios increased by $1.3 billion, while total mortgage-related securities and other guarantee commitments decreased at an annualized rate of 1.7% in February. The total mortgage portfolio increased at an annualized rate of 0.1 percent in February.

Tags: Freddie Mac, monthly summary report, delinquency rate, single-family homes, multi-family, loan modifications, refinance-loan purchases, mortgage portfolio

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March 28, 2011 (Shirley Allen)
mortgage-freddiemac-image
Government backed mortgage giant Freddie Mac reports the seriously delinquent rate, mortgages that are 90 days or more delinquent or in foreclosure, of single family homes fell to 3.78 percent in February, while the multifamily delinquency rate, mortgages that are 60 days or more delinquent or in foreclosure, increased to 0.36 percent.

February’s single family home delinquency rate is down from 3.82 percent in January and down from 4.20 percent in February 2010. Multifamily delinquencies in February are up from 0.28 percent in January and up from 0.23 percent from a year earlier.

The February Monthly Summary Report also revealed that so far this year, Freddie Mac has completed 23,017 loan modifications for the first two months of the year. February’s loan modifications totaled 11,885, while January’s total was 11,153 loan modifications completed.

Also in February, single-family, refinance-loan purchase and guarantee volume hit $31.4 billion, representing 81% of total mortgage purchases and issuances. That compares to last month when the single-family refinance-loan purchase and guarantee volume was $32.4 billion or 83% of total loan volume.

The aggregate unpaid balance on all of Freddie Mac’s mortgage-related portfolios increased by $1.3 billion, while total mortgage-related securities and other guarantee commitments decreased at an annualized rate of 1.7% in February. The total mortgage portfolio increased at an annualized rate of 0.1 percent in February.

Tags: Freddie Mac, monthly summary report, delinquency rate, single-family homes, multi-family, loan modifications, refinance-loan purchases, mortgage portfolio

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

March 28, 2011 (Shirley Allen)
mortgage-freddiemac-image
Government backed mortgage giant Freddie Mac reports the seriously delinquent rate, mortgages that are 90 days or more delinquent or in foreclosure, of single family homes fell to 3.78 percent in February, while the multifamily delinquency rate, mortgages that are 60 days or more delinquent or in foreclosure, increased to 0.36 percent.

February’s single family home delinquency rate is down from 3.82 percent in January and down from 4.20 percent in February 2010. Multifamily delinquencies in February are up from 0.28 percent in January and up from 0.23 percent from a year earlier.

The February Monthly Summary Report also revealed that so far this year, Freddie Mac has completed 23,017 loan modifications for the first two months of the year. February’s loan modifications totaled 11,885, while January’s total was 11,153 loan modifications completed.

Also in February, single-family, refinance-loan purchase and guarantee volume hit $31.4 billion, representing 81% of total mortgage purchases and issuances. That compares to last month when the single-family refinance-loan purchase and guarantee volume was $32.4 billion or 83% of total loan volume.

The aggregate unpaid balance on all of Freddie Mac’s mortgage-related portfolios increased by $1.3 billion, while total mortgage-related securities and other guarantee commitments decreased at an annualized rate of 1.7% in February. The total mortgage portfolio increased at an annualized rate of 0.1 percent in February.

Tags: Freddie Mac, monthly summary report, delinquency rate, single-family homes, multi-family, loan modifications, refinance-loan purchases, mortgage portfolio

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