​January 2016 Highlights

​The Enterprises' Foreclosure Prevention Actions:

• The Enterprises completed 15,192 foreclosure prevention actions in January 2016, bringing the total to 3,658,641 since the start of the conservatorships in September 2008. Over half of these actions have been permanent loan modifications.
• There were 9,925 permanent loan modifications in January, bringing the total to 1,908,751 since the conservatorships began in September 2008.
• The share of modifications with principal forbearance remained at 19 percent. Modifications with extend-term only accounted for 48 percent of all permanent modifications in January due to improved house prices and a declining HAMP eligible population.
• There were 2,329 short sales and deeds-in-lieu completed in January, down 14 percent compared with December.

The Enterprises' Mortgage Performance:

• The serious delinquency rate increased slightly from 1.46 percent at the end of December to 1.47 percent at the end of January.

The Enterprises' Foreclosures:

• Third-party and foreclosure sales increased 13 percent from 8,051 in December to 9,062 in January.
• Foreclosure starts dropped 24 percent from 23,593 in December to 17,831 in January.