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» VISIT US ONLINE @ DSNEWS.COM 5 A look at facts you didn't know you couldn't live without. Compiled by the DS News Staff Issuance of home equity conversion mortgage-backed securities (HMBS) rose to $1.2 billion in April 2018, according to a report by New View Advisors. That gave April the seventh highest monthly issuance level on record, including over $542 million in highly seasoned pools, coupled with more than $260 million in tail pool issuance. Homes continued to sell with increasing speed in April, according to Realtor.com's Monthly Housing Trends Report, with a 5 percent drop in the median age of inventory from last year and a 9 percent drop from the previous month. The median age of housing inventory in April was just 59 days. FHFA: FANNIE, FREDDIE FORECLOSURE PREVENTIONS TOP 4M IN Q4 INSIDE THE JOURNAL // ON THE WEB // THE APP SPECTRUM // MOVERS & SHAKERS TAKE A LOOK INSIDE THE NUMBERS D ATA B I T S *Calculated using the dimensions of affordability, education and health, quality of life, economic health, and civic engagement **Based upon a 100-point scale, with a score of 100 representing most favorable Source: WalletHub, 2018's Best & Worst States for Millennials BOTTOM 10 TOP 10 THE BEST AND WORST STATES FOR MILLENNIALS* #1 FLORIDA 40.79 #2 SOUTH CAROLINA 39.14 #3 ARKANSAS 38.99 #4 OKLAHOMA 38.91 #5 LOUISIANA 36.94 #6 ALABAMA 35.64 #7 NEVADA 35.59 #8 MISSISSIPPI 34.55 #9 WEST VIRGINIA 31.72 #10 NEW MEXICO 31.12 #1 DISTRICT OF COLUMBIA 67.47 #2 NORTH DAKOTA 65.16 #3 MINNESOTA 64.11 #4 MASSACHUSETTS 62.55 #5 IOWA 62.43 #6 WISCONSIN 60.28 #7 UTAH 59.36 #8 NEBRASKA 59.28 #9 COLORADO 58.64 #10 SOUTH DAKOTA 57.51 RANKING CITY RANKING CITY TOTAL SCORE** TOTAL SCORE** e Federal Housing Finance Agency (FHFA) rolled out its fourth-quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac zipped up 67,569 foreclosure prevention actions in the fourth quarter of 2017. Across the board, that brings the number of homeowners helped to 4,040,258 since the start of the conservatorships in September, 2008. Of those actions, 3,357,722 helped struggling borrowers remain in their homes, including 2,150,946 permanent loan modifications. Nineteen percent of Q 4 loan mods shaved borrowers' monthly payments by more than 30 percent. Forbearance plans vaulted to 24,935 during Q 4—they totaled 1,212 in the previous quarter. FHFA attributes the notable leap to disaster-related forbearance available to homeowners affected by Hurricanes Harvey, Irma, and Maria in Texas, Florida, and Puerto Rico. Various mortgage relief options are offered to homeowners affected by natural disasters, and numerous homeowners tapped into them after these three devastating storms. e percentage of 60-plus-days delinquent loans rose from 1.32 percent to 1.65 percent at the end of Q 4, the FHFA reports. e increase largely stems from the impact of the year's hurricanes. Fannie and Freddie's fourth-quarter 2017 REO inventory slid by a reported 9 percent. Additionally, some of the other foreclosure prevention metrics mentioned in the fourth-quarter report are as follows: 42 percent of the Q 4 mods were principal forbearance modifications, and those with extend-term only also made up 42 percent of all loan modifications during the fourth quarter; in the short sales and deeds-in-lieu category, Fannie and Freddie completed 3,119 of them during Q 4, bringing that total to 682,536 since the conservatorships started; the enterprises' serious delinquency rate rose to 1.18 percent at the close of Q 4, and as a comparison, Federal Housing Administration (FHA) loans totaled 4.8 percent, and Veterans Affairs (VA) loans amounted to 2.4 percent. e total for all loans (i.e., industry average) was 2.9 percent. Foreclosure starts broadened 6 percent to 45,203, while third-party and foreclosure sales fell 14 percent to 13,448 in Q 4. "Forbearance plans vaulted to 24,935 during Q4—they totaled 1,212 in the previous quarter." PAGE 22 SVP, Head of Digital Products at Fannie Mae FIVE MINUTES WITH WITH Henry Cason

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