​October 2017 Highlights

The Enterprises' Foreclosure Prevention Actions:    

• The Enterprises completed 18,034 foreclosure prevention actions in October, bringing the total to 3,990,723 since the start of the conservatorships in September 2008. Over half of these actions have been permanent loan modifications.
• There were 11,010 permanent loan modifications in October, bringing the total to 2,129,220 since the conservatorships began in September 2008.
• Thirty nine percent of modifications in October were modifications with principal forbearance. Modifications with extend-term only accounted for 44 percent of all loan modifications during the month.
• There were 1,147 short sales and deeds-in-lieu of foreclosure completed in October, down slightly compared with September.
  

The Enterprises' Mortgage Performance:

• The serious delinquency rate remained flat at 0.95 percent at the end of October.

The Enterprises' Foreclosures:

• Third-party and foreclosure sales decreased from 4,905 in September to 4,776 in October. 
• Foreclosure starts increased from 12,830 in September to 13,601 in October.