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Saturday, April 9, 2011

CEO Ed Haldeman Shares “Three Little-Known Facts About Freddie Mac Delinquencies”

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- LoanSafe.org Quick Links: Get Daily Updates - Subscribe to Our RSS Feed Mortgage Assistance - Find mortgage help Scam Alerts - Watch Out for These Scams! Government News - Are they helping homeowers? Join Our Forum - Get FREE Help Online Now! CEO Ed Haldeman Shares “Three Little-Known Facts About Freddie Mac Delinquencies”by Alex Ferreras on April 4, 2011

in Freddie Mac

(Source: Freddie mac) – What percentage of Freddie Mac’s mortgage loan portfolio would you guess is at least 90 days late? As CEO of Freddie Mac, I often ask that very question of people outside our company to see what they would guess. And I sure receive a wide range of responses. Given the headlines, most people assume a fairly large percentage.

The answer: less than 4 percent of our single-family loans are at least three payments behind or in foreclosure. And less than 1 percent of our multifamily portfolio

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