FHA Single Family Philadelphia Home Ownership Center Julie

FHA Single Family Philadelphia Home Ownership Center Julie Shaffer, Director, Philadelphia HOC Bradley Payne, PHOC POC Cleveland, Ohio (216) 357 -7671 FHA Program Information: www. fha. gov Hotline: 1 -800 -CALLFHA or 1 -800 -225 -5342 answers@hud. gov 06/8/12 1

FHA MARKET SHARE FHA AS % OF ALL LOANS SERVICED MBA NDS AS OF MARCH 31 25. 0% 20. 0% 15. 0% 10. 0% 5. 0% 0. 0% 2007 2008 2009 US 06/8/12 2010 2011 2012 OHIO 2

FHA MARKET SHARE FHA LOANS BY FISCAL YEAR CUYAHOGA CO 73, 451 OHIO 68, 433 51, 951 46, 302 24, 666 24, 474 2, 314 2007 06/8/12 4, 998 2008 7, 303 2009 7, 065 2010 4, 494 2011 2, 478 2012 * 3

SERIOUSLY DELINQUENT RATE % FHA LOANS SERIOUSLY DELINQUENT 16. 00% 14. 00% 12. 00% 10. 00% 8. 00% 6. 00% 4. 00% 2. 00% D O C T 0 EC 8 FE 08 B AP 09 R JU 09 N AU 09 G O 09 C T D 09 EC FE 09 B AP 10 R JU 10 N AU 10 G O 10 C T D 10 EC FE 10 B AP 11 R JU 11 N AU 11 G O 11 C T D 11 EC FE 11 B AP 12 R 12 0. 00% CUYAHOGA CO 06/8/12 OHIO US 4

SERIOUSLY DELINQUENT RATE MBA NDS FOR OHIO % LOANS SER DEL/IN FORECLOSURE 30. 00 25. 00 20. 00 15. 00 10. 00 5. 00 0. 00 1 ST 2 ND 3 RD 4 TH 1 ST 2 ND 4 TH 1 ST QTR QTR QTR 09 09 10 10 11 11 11 12 TOTAL 06/8/12 PRIME SUBPRIME FHA 5

DELINQUENCY RATES AND LOSS MITIGATION MBA NDS FOR OHIO % LOANS IN FORECLOSURE 14 12 10 8 6 4 2 0 1 ST QTR 09 2 ND QTR 09 3 RD QTR 09 ALL LOANS 06/8/12 4 TH QTR 09 1 ST QTR 10 2 ND QTR 10 PRIME LOANS 3 RD QTR 10 4 TH QTR 10 1 ST QTR 11 SUBPRIME LOANS 2 ND QTR 11 4 TH QTR 11 1 ST QTR 12 FHA LOANS 6

FY 2012 FHA REO INVENTORY IN OH FHA REO IN OHIO FY 2012 2500 2199 2000 1950 1787 1500 1633 1495 1457 1483 SALES 1000 500 ACQUIRED ENDING INVENTORY 921 465 407 473 319 470 332 466 428 458 432 455 650 444 0 OCT 06/8/12 NOV DEC JAN FEB MAR APR 7

Ohio REO Trends by HUD Office Jurisdiction 06/8/12 8