​​April 2014 Highlights

​​The Enterprises' Foreclosure Prevention Actions:

• Approximately 28,300 foreclosure prevention actions were completed in April, bringing the total to more than 3.2 million since the start of the conservatorships in September 2008. Half of these actions have been permanent loan modifications.
• There were nearly 17,800 permanent loan modifications in April, down 5 percent compared with March.
  
• Approximately 26 percent of all permanent loan modifications in April included principal forbearance.
  
• Nearly 5,000 short sales and deeds-in-lieu were completed in April, up 3 percent compared with March.
  

The Enterprises' Mortgag​e Performance:

• The serious delinquency rate dropped to 2.14 percent at the end of April, from 2.19 percent in March.
  

The Enterprises' Foreclosure​​s:

• Third-party and foreclosure sales declined 3 percent to approximately 14,800, while foreclosure starts dropped 13 percent to 26,000 in April.