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SEC Filings

10-Q
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE filed this Form 10-Q on 11/02/2018
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Notes to Condensed Consolidated Financial Statements | Mortgage Loans


The following tables display the number of loans and recorded investment in loans classified as a TDR.
 
For the Three Months Ended September 30,
 
2018
 
2017
 
Number of Loans
 
Recorded Investment
 
Number of Loans
 
Recorded Investment
 
(Dollars in millions)
Single-family:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Primary
 
12,291

 
 
 
$
1,797

 
 
 
13,323

 
 
 
$
1,847

 
Government
 
21

 
 
 
3

 
 
 
32

 
 
 
5

 
Alt-A
 
779

 
 
 
100

 
 
 
1,229

 
 
 
182

 
Other
 
207

 
 
 
37

 
 
 
264

 
 
 
50

 
Total single-family
 
13,298

 
 
 
1,937

 
 
 
14,848

 
 
 
2,084

 
Multifamily
 
2

 
 
 
7

 
 
 
5

 
 
 
82

 
Total TDRs
 
13,300

 
 
 
$
1,944

 
 
 
14,853

 
 
 
$
2,166

 

 
For the Nine Months Ended September 30,
 
2018
 
2017
 
Number of Loans
 
Recorded Investment
 
Number of Loans
 
Recorded Investment
 
(Dollars in millions)
Single-family:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Primary
 
75,790

 
 
 
$
11,469

 
 
 
44,706

 
 
 
$
6,155

 
Government
 
95

 
 
 
9

 
 
 
138

 
 
 
15

 
Alt-A
 
4,499

 
 
 
583

 
 
 
4,122

 
 
 
600

 
Other
 
937

 
 
 
173

 
 
 
844

 
 
 
149

 
Total single-family
 
81,321

 
 
 
12,234

 
 
 
49,810

 
 
 
6,919

 
Multifamily
 
12

 
 
 
68

 
 
 
8

 
 
 
99

 
Total TDRs
 
81,333

 
 
 
$
12,302

 
 
 
49,818

 
 
 
$
7,018

 

The increase in loans classified as TDRs for the nine months ended September 30, 2018 compared with the nine months ended September 30, 2017 was primarily attributable to single-family loan modifications and other forms of loss mitigation in the areas affected by Hurricanes Harvey, Irma and Maria that resulted in a restructuring of the terms of these loans.

Fannie Mae (In conservatorship) Third Quarter 2018 Form 10-Q
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