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http://www.realtytrac.com/ContentManagement/pressrelease.aspx?ChannelID=9&ItemID=5681&accnt=64847 http://www.realtytrac.com/ContentManagement/pressrelease.asp..
by MaysonL 18y ago
http://www.realtytrac.com/ContentManagement/pressrelease.aspx?ChannelID=9&ItemID=5681&accnt=64847 http://www.realtytrac.com/ContentManagement/pressrelease.asp...
foreclosures in the US were on about 1.8 percent of all households.
http://www.fanniemae.com/media/pdf/newsreleases/form10k_newsrelease_022609.pdf http://www.fanniemae.com/media/pdf/newsreleases/form10k_news...
foreclosure rates hit a high of .65 percent (annualized) in the third quarter on Fannie's portfolio. Note: they stopped foreclosing in December, so their rate dropped in Q4.
Given that the first figure is for all households, including those owned free and clear, it's pretty likely that Fannie and Freddie are seeing substantially lower default rates than the rest of the industry.