January 2019 Highlights

The Enterprises' Foreclosure Prevention Actions:

• The Enterprises completed 13,589 foreclosure prevention actions in January, bringing the total to 4,297,425 since the start of the conservatorships in September 2008. Over half of these actions have been permanent loan modifications.
• There were 8,446 permanent loan modifications in January, bringing the total to 2,322,567 since the conservatorships began in September 2008.
• Thirty-one percent of modifications in January were modifications with principal forbearance. Modifications with extend-term only accounted for 62 percent of all loan modifications during the month.
• There were 574 short sales and deeds-in-lieu of foreclosure completed in January, down slightly compared with December.

The Enterprises' Mortgage Performance:

• The serious delinquency rate increased slightly from 0.73 percent at the end of December to 0.74 percent at the end of January.

The Enterprises' Foreclosures:

• Third-party and foreclosure sales increased from 3,206 in December to 4,070 in January.

• Foreclosure starts decreased from 12,440 in December to 12,121 in January.