Spreadsheet: 67cd2a25-2e53-48c6-82f7-5fb79d236ea8
Sheet: Sheet1

FHA SINGLE-FAMILY OUTLOOK | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 | Unnamed: 6 | Unnamed: 7 | Unnamed: 8 | Unnamed: 9 | Unnamed: 10
SINGLE-FAMILY OPERATIONS
January 2013
 |  |  |  |  |  |  |  |  |  | CONTACT INFORMATION
 |  |  |  |  |  |  |  |  |  | [NAME]  [PHONE]
 |  |  |  |  |  |  |  |  |  | ZENORA HINES  [PHONE]
Applications
During January, lenders submitted 147,509 applications for mortgage insurance.  Included in that count were 58,993 home purchase loans, 79,923 refinance actions, and 8,593 reverse mortgages.
Streamline actions accounted for 58,753 of all refinance applications.  The refinance total can also be broken out into 62,757 FHA-to-FHA actions and 17,166 conventional conversions. There were 413 applications under the insurance for borrowers in negative equity program that requires lenders to first write-down the loan principal on a conventional conversion.
Endorsements
This month, FHA insured 134,461 single-family mortgages.  By loan purpose, the January 2013 counts were: 60,924 home-purchase mortgages, 68,348 refinancings, and 5,189 HECM loans.
Mortgage Insurance Volumes
The 134,461 mortgages insured in January created $24.9 billion in dollar volume, with an average mortgage amount of $185,353.
At the end of the month, FHA had an insurance-in-force of 7,780 073 mortgages with $1,093.5 billion in outstanding balances.
Of Additional Interest
Borrower credit quality remains very high, with average FICO scores of 695 for home-purchase loans and 701 for refinancings.
The average processing time for a case from application to insurance was 12.1 weeks.
There were 107,866 insured cases handled through Lender Insurance  --  80.2% of the total for the month.
Loans Delinquent
At the end of the month, 738,109 mortgages were in serious delinquency, resulting in a default rate of 9.5 percent.
Claims
For fiscal year 2013, FHA has now paid  55,613 regular insurance claims for 37,310 property conveyances, 11,149 pre-foreclosure sales and 7,154 other claims.  In addition, 64,373 special claims were paid.  Those included 58,393 loss mitigation actions and 5,980 HECM mortgage assignments.  The total number of claims paid fiscal-year-to-date is 119,986. This month's report now identifies "Other" claims paid as coming from HUD's new Distressed Asset Sale Program and its pilot program to encourage more third-party sales at foreclosure auctions. These are now identified under Regular claims as Accelerated Claims (601) and Non-Conveyance Foreclosure.
FHA SINGLE-FAMILY OUTLOOK
SINGLE-FAMILY OPERATIONS
January 2013
MONTHLY  COMPARISONS
 | CURRENT |  | LAST |  | RATE OF |  | LAST |  | RATE OF
 | MONTH |  | MONTH |  | CHANGE |  | YEAR |  | CHANGE
TOTAL APPLICATIONS:  * | 147509 |  | 127057 |  | 0.1609671249911457 |  | 126835 |  | 0.162999172152797
Annual Rate | 2513100 |  | 2391800 |  | 0.05071494272096322 |  | 2377000 |  | 0.05725704669751797
Average per workday | 9933 |  | 9454 |  | 0.05066638459911155 |  | 9395 |  | 0.057264502394891
Purchase | 58993 |  | 49927 |  | 0.1815851142668297 |  | 61547 |  | -0.04149674232700218
Refinance | 79923 |  | 69880 |  | 0.1437178019461935 |  | 59493 |  | 0.3434017447430791
Prior FHA | 62757 |  | 55185 |  | 0.1372111986952977 |  | 34498 |  | 0.8191489361702127
Conventional to FHA | 17166 |  | 14695 |  | 0.1681524328002721 |  | 24995 |  | -0.3132226445289058
Short Refinance | 413 |  | 636 |  | -0.35062893081761 |  | 236 |  | 0.75
HECM | 8593 |  | 7250 |  | 0.1852413793103449 |  | 5795 |  | 0.4828300258843832
TOTAL ENDORSEMENTS:  * | 134461 |  | 113856 |  | 0.1809742130410343 |  | 102011 |  | 0.318102949681897
Annual Rate | 1613500 |  | 1366300 |  | 0.180926590060748 |  | 1224100 |  | 0.318111265419492
Weighted Average FICO Score  ** | 696 |  | 696 |  | 0 |  | 698 |  | -0.002865329512893977
Minority | 34458 |  | 29032 |  | 0.1868972168641498 |  | 26137 |  | 0.3183609442552704
% Minority | 0.2562676166323321 |  | 0.2549887577290613 |  | 0.001278858903270785 | # | 0.2562174667437825 |  | 5.014988854951108e-05 | #
Purchase | 60924 |  | 53239 |  | 0.1443490674129868 |  | 61663 |  | -0.01198449637546017
% Purchase | 0.4530979243051889 |  | 0.4675994238336144 |  | -0.01450149952842555 | # | 0.6044740273107803 |  | -0.1513761030055914 | #
Average FICO Score  ** | 695 |  | 695 |  | 0 |  | 696 |  | -0.001436781609195359
1st Time Home Buyer | 47683 |  | 41526 |  | 0.1482685546404663 |  | 47235 |  | 0.009484492431459657
% 1st Time Home Buyer | 0.7826636465104064 |  | 0.7799921110464133 |  | 0.002671535463993124 | # | 0.7660185200201093 |  | 0.01664512649029715 | #
Non-Minority | 28914 |  | 25485 |  | 0.1345497351383167 |  | 28563 |  | 0.01228862514441764
% Non-Minority | 0.6063796321540171 |  | 0.6137118913451813 |  | -0.007332259191164203 | # | 0.6046999047316608 |  | 0.001679727422356336 | #
Minority | 16084 |  | 13744 |  | 0.170256111757858 |  | 15787 |  | 0.01881294736175332
% Minority | 0.3373109913386322 |  | 0.3309733660838993 |  | 0.00633762525473297 | # | 0.3342225044987827 |  | 0.00308848683984958 | #
Not-Disclosed | 2685 |  | 2297 |  | 0.1689159773617763 |  | 2885 |  | -0.06932409012131713
% Not-Disclosed | 0.05630937650735063 |  | 0.05531474257091942 |  | 0.0009946339364312051 | # | 0.06107759076955648 |  | -0.004768214262205847 | #
Refinanced | 68348 |  | 56706 |  | 0.2053045533100555 |  | 35173 |  | 0.9431950643959857
% Refinanced | 0.508310960055332 |  | 0.4980501686340641 |  | 0.01026079142126796 | # | 0.3447961494348649 |  | 0.1635148106204672 | #
Average FICO Score  ** | 701 |  | 701 |  | 0 |  | 706 |  | -0.007082152974504208
Prior FHA | 59582 |  | 49632 |  | 0.2004754996776272 |  | 22458 |  | 1.653041232522932
Streamline | 55548 |  | 46377 |  | 0.1977488841451582 |  | 17968 |  | 2.091495992876224
Streamline % of Refinance | 0.8127231228419266 |  | 0.8178499629668818 |  | -0.005126840124955234 | # | 0.5108463878543201 |  | 0.3018767349876065 | #
Streamline % of Prior FHA | 0.9322949884193212 |  | 0.9344173114119922 |  | -0.002122322992671011 | # | 0.800071244100098 |  | 0.1322237443192232 | #
Full Process | 4034 |  | 3255 |  | 0.2393241167434716 |  | 4490 |  | -0.1015590200445434
Cash Out | 767 |  | 569 |  | 0.3479789103690685 |  | 703 |  | 0.09103840682788045
Conventional to FHA | 8766 |  | 7074 |  | 0.2391857506361323 |  | 12716 |  | -0.3106322743000943
Cash Out | 2426 |  | 1941 |  | 0.2498712004121586 |  | 3557 |  | -0.3179645768906382
Total Cash Out | 3193 |  | 2510 |  | 0.2721115537848606 |  | 4260 |  | -0.2504694835680751
Total % Cash Out | 0.04671680224732253 |  | 0.04426339364441153 |  | 0.002453408602910996 | # | 0.1211156284650158 |  | -0.07439882621769325 | #
Short Refinance | 140 |  | 135 |  | 0.03703703703703698 |  | 99 |  | 0.4141414141414141
HECM | 5189 |  | 3911 |  | 0.3267706468933778 |  | 5175 |  | 0.002705314009661786
% HECM | 0.0385911156394791 |  | 0.03435040753232153 |  | 0.004240708107157577 | # | 0.05072982325435492 |  | -0.01213870761487582 | #
HECM Standard Traditional | 4603 |  | 3464 |  | 0.328810623556582 |  | 4564 |  | 0.008545135845749341
HECM Stndrd Traditional ARM | 1117 |  | 852 |  | 0.3110328638497653 |  | 1373 |  | -0.1864530225782957
HECM Standard Purchase | 169 |  | 156 |  | 0.08333333333333326 |  | 161 |  | 0.04968944099378891
HECM Stndrd Purchase ARM | 5 |  | 4 |  | 0.25 |  | 9 |  | -0.4444444444444444
HECM Standard Refinance | 103 |  | 69 |  | 0.4927536231884058 |  | 118 |  | -0.1271186440677966
% HECM Standard Refinance | 0.01984968201965697 |  | 0.01764254666325748 |  | 0.002207135356399489 | # | 0.02280193236714976 |  | -0.002952250347492791 | #
HECM Stndrd Refinance ARM | 22 |  | 12 |  | 0.8333333333333333 |  | 46 |  | -0.5217391304347826
HECM Saver Total | 314 |  | 223 |  | 0.4080717488789238 |  | 332 |  | -0.05421686746987953
Source:     *  F17 CHUMS | #   -  Percentage point difference
**  This series represents the composite FICO score value that is used for loan underwriting.
FHA SINGLE-FAMILY OUTLOOK
SINGLE-FAMILY OPERATIONS
January 2013
MONTHLY  COMPARISONS
 | CURRENT |  | LAST |  | RATE OF |  | LAST |  | RATE OF
 | MONTH |  | MONTH |  | CHANGE |  | YEAR |  | CHANGE
FORWARD ENDORSEMENTS ONLY: *
Section 203(k) | 1831 |  | 1555 |  | 0.177491961414791 |  | 1854 |  | -0.01240560949298808
Condominium | 5879 |  | 5016 |  | 0.1720494417862839 |  | 3604 |  | 0.631243063263041
% Condominium | 0.04372271513673109 |  | 0.04405564924114671 |  | -0.0003329341044156151 | # | 0.03532952328670438 |  | 0.008393191850026717 | #
ARM (Excludes HECM ARM) | 568 |  | 493 |  | 0.1521298174442192 |  | 2267 |  | -0.7494486104984561
% ARM | 0.004224273209332074 |  | 0.004330030916245082 |  | -0.0001057577069130079 | # | 0.0222230935879464 |  | -0.01799882037861433 | #
Manufactured Housing (Real Estate) | 2333 |  | 2036 |  | 0.1458742632612966 |  | 1845 |  | 0.2644986449864499
Interest Buy-down | 350 |  | 267 |  | 0.3108614232209739 |  | 488 |  | -0.2827868852459017
Average Processing Time *  ^
(Existing Homes, weeks)
Application to Closing | 7.8 |  | 7.4 |  | 0.05405405405405395 |  | 6.6 |  | 0.1818181818181819
Closing to Endorsement | 4.3 |  | 3.9 |  | 0.1025641025641026 |  | 4.1 |  | 0.04878048780487809
Lender Insurance *
Total Lender Insurance | 107866 |  | 92545 |  | 0.165551893673348 |  | 80044 |  | 0.3475838288941082
% of Total Insurance | 0.8022103063341787 |  | 0.8128249718943227 |  | -0.01061466556014401 | # | 0.7846604777916107 |  | 0.01754982854256792 | #
Forward Mortgages | 107866 |  | 92545 |  | 0.165551893673348 |  | 80044 |  | 0.3475838288941082
HECM | 0 |  | 0 |  |  |  | 0
Automated Underwriting System *  x
AUS Endorsed | 70783 |  | 61004 |  | 0.1603009638712216 |  | 76280 |  | -0.07206345044572626
AUS as % of Total Endorsed | 0.5475509004270066 |  | 0.554859247805721 |  | -0.007308347378714442 | # | 0.7877235738774836 |  | -0.240172673450477 | #
Mortgage Insurance  *
Total Number | 134461 |  | 113856 |  | 0.1809742130410343 |  | 102011 |  | 0.318102949681897
Total Amount ($B) | 24.9 |  | 20.9 |  | 0.1913875598086126 |  | 18.3 |  | 0.360655737704918
Forward Mortgages
Total Forward Number | 129272 |  | 109945 |  | 0.1757878939469735 |  | 96836 |  | 0.3349580734437605
Amount ($B) | 23.7 |  | 20 |  | 0.1850000000000001 |  | 17.1 |  | 0.3859649122807018
Purchase Number | 60924 |  | 53239 |  | 0.1443490674129868 |  | 61663 |  | -0.01198449637546017
Amount ($B) | 10.8 |  | 9.4 |  | 0.1489361702127661 |  | 10.3 |  | 0.04854368932038833
Refinance Number | 68348 |  | 56706 |  | 0.2053045533100555 |  | 35173 |  | 0.9431950643959857
Amount ($B) | 12.9 |  | 10.6 |  | 0.2169811320754718 |  | 6.8 |  | 0.8970588235294119
Reverse Mortgages
HECM Number | 5189 |  | 3911 |  | 0.3267706468933778 |  | 5175 |  | 0.002705314009661786
Max Claim Amount ($B) | 1.2 |  | 0.9 |  | 0.3333333333333333 |  | 1.2 |  | 0
Mortgage Insurance-In-Force **
Total Number | 7780073 |  | 7749412 |  | 0.003956558252419695 |  | 7512171 |  | 0.03566239373411495
Total Unpaid Balance Amount ($B) | 1093.5 |  | 1088.3 |  | 0.004778094275475597 |  | 1051 |  | 0.04043767840152235
Loans Seriously Delinquent ***  <
Seriously Delinquent | 738109 |  | 734658 |  | 0.004697423835308356 |  | 733844 |  | 0.005811861921607209
Seriously Delinquent Rate | 0.095 |  | 0.095 |  | 0 | # | 0.098 |  | -0.003000000000000003 | #
Source:     *  F17 CHUMS     **  A43 Single Family Insurance System     ***  F42D Consolidated Single Family Default Monitoring System
#     Percentage point difference
^     Existing homes, including purchase and refinance cases, represent virtually all of insurance activity.
x     AUS includes only forward mortgages accepted and endorsed by the FHA scorecard (TOTAL).
<     This count of seriously delinquent mortgages includes all bankruptcies, all foreclosures and 90 days or more delinquencies.
FHA SINGLE-FAMILY OUTLOOK
SINGLE-FAMILY OPERATIONS
January 2013
FISCAL YEAR COMPARISONS
 | PROJECTIONS |  |  |  |  |  | RATE OF
 | FY 2013 |  | FY 2013 |  | FY 2012 |  | CHANGE |  | FY 2012
 | AS OF OCT 2012 |  | TO DATE |  | TO DATE |  | 2013/2012 |  | FINAL
TOTAL APPLICATIONS: * | 1800000 |  | 600092 |  | 492532 |  | 0.2183817498152405 |  | 1826191
Purchase | 907200 |  | 245963 |  | 256442 |  | -0.04086304115550499 |  | 921175
Refinance | 810000 |  | 322614 |  | 209373 |  | 0.5408577037153788 |  | 821543
Prior FHA | 486000 |  | 256358 |  | 116759 |  | 1.195616611995649 |  | 564574
Conventional to FHA | 324000 |  | 66256 |  | 92614 |  | -0.2846006003412012 |  | 256969
Short Refinance |  |  | 1785 |  | 1084 |  | 0.646678966789668 |  | 3268
HECM | 82800 |  | 31515 |  | 26717 |  | 0.1795860313657971 |  | 83473
TOTAL ENDORSEMENTS: * | 1368000 |  | 499877 |  | 371995 |  | 0.3437734378150243 |  | 1239874
Minority | 342000 |  | 126040 |  | 96110 |  | 0.3114140047861824 |  | 311812
% Minority | 0.25 |  | 0.2521420269386269 |  | 0.2583636876839743 |  | -0.006221660745347357 | # | 0.2514868446309867
Purchase | 807100 |  | 238819 |  | 237878 |  | 0.003955809280387523 |  | 733959
% Purchase | 0.5899853801169591 |  | 0.4777555278598535 |  | 0.6394655842148416 |  | -0.161710056354988 | # | 0.591962570390217
1st Time Home Buyer | 605300 |  | 186664 |  | 182246 |  | 0.02424195867124657 |  | 569912
% 1st Time Home Buyer | 0.7499690249039772 |  | 0.7816128532486947 |  | 0.7661322190366491 |  | 0.0154806342120456 | # | 0.7764902399180336
Non-Minority | 387400 |  | 115351 |  | 111123 |  | 0.03804792887161068 |  | 353119
% Non-Minority | 0.6400132165868164 |  | 0.6179606137230532 |  | 0.6097417775973135 |  | 0.008218836125739704 | # | 0.6196026755007791
Minority | 181600 |  | 60958 |  | 60168 |  | 0.01312990293843908 |  | 183392
% Minority | 0.3000165207335206 |  | 0.3265653795054215 |  | 0.330147163723758 |  | -0.003581784218336492 | # | 0.3217900307415882
Not-Disclosed | 36300 |  | 10355 |  | 10954 |  | -0.05468322074128174 |  | 33396
% Not-Disclosed | 0.05997026267966298 |  | 0.05547400677152531 |  | 0.06010557159004862 |  | -0.004631564818523309 | # | 0.05859852047333623
Refinanced | 492500 |  | 243778 |  | 115000 |  | 1.119808695652174 |  | 451095
% Refinanced | 0.360014619883041 |  | 0.4876759682881989 |  | 0.3091439401067219 |  | 0.1785320281814771 | # | 0.3638232594602355
Prior FHA | 344800 |  | 212236 |  | 70412 |  | 2.014202124637846 |  | 321820
Streamline | 293100 |  | 196332 |  | 54664 |  | 2.59161422508415 |  | 274160
Streamline % of Refinance | 0.5951269035532994 |  | 0.8053721008458515 |  | 0.4753391304347826 |  | 0.3300329704110689 | # | 0.6077655482769705
Streamline % of Prior FHA | 0.8500580046403712 |  | 0.9250645507830905 |  | 0.776344941203204 |  | 0.1487196095798865 | # | 0.8519047914983531
Full Process | 51700 |  | 14209 |  | 15748 |  | -0.09772669545339085 |  | 47660
Cash Out | 7200 |  | 2626 |  | 2551 |  | 0.02940023520188162 |  | 7558
Conventional to FHA | 147700 |  | 31548 |  | 44595 |  | -0.2925664312142617 |  | 129293
Cash Out | 39900 |  | 8820 |  | 12361 |  | -0.286465496319068 |  | 35098
Total Cash Out | 47100 |  | 11446 |  | 14912 |  | -0.2324302575107297 |  | 42656
Total % Cash Out | 0.09563451776649746 |  | 0.0469525551936598 |  | 0.1296695652173913 |  | -0.08271701002373151 | # | 0.09456101264700341
Short Refinance |  |  | 519 |  | 412 |  | 0.2597087378640777 |  | 1440
HECM | 68400 |  | 17280 |  | 19117 |  | -0.09609248313019825 |  | 54820
% HECM | 0.05 |  | 0.03456850385194758 |  | 0.05139047567843654 |  | -0.01682197182648896 | # | 0.04421417014954745
HECM Standard Traditional | 59800 |  | 15294 |  | 16807 |  | -0.09002201463675852 |  | 47950
HECM Stndrd Traditional ARM | 58600 |  | 3656 |  | 4799 |  | -0.2381746197124401 |  | 12858
HECM Standard Purchase | 2000 |  | 633 |  | 520 |  | 0.2173076923076922 |  | 1612
HECM Stndrd Purchase ARM | 1900 |  | 17 |  | 23 |  | -0.2608695652173914 |  | 56
HECM Standard Refinance | 1800 |  | 330 |  | 506 |  | -0.3478260869565217 |  | 1440
% HECM Standard Refinance | 0.02631578947368421 |  | 0.01909722222222222 |  | 0.02646858816759952 |  | -0.007371365945377295 | # | 0.02626778547975191
HECM Stndrd Refinance ARM | 1700 |  | 63 |  | 191 |  | -0.6701570680628273 |  | 418
HECM Saver Total | 4800 |  | 1024 |  | 1285 |  | -0.203112840466926 |  | 3820
Source:     *  F17 CHUMS
#     Percentage point difference
FHA SINGLE-FAMILY OUTLOOK
SINGLE-FAMILY OPERATIONS
January 2013
FISCAL YEAR COMPARISONS
 | PROJECTIONS |  |  |  |  |  | RATE OF
 | FY 2013 |  | FY 2013 |  | FY 2012 |  | CHANGE |  | FY 2012
 | AS OF OCT 12 |  | TO DATE |  | TO DATE |  | 2013/2012 |  | FINAL
FORWARD ENDORSEMENTS ONLY: *
Section 203(k) |  |  | 6855 |  | 7996 |  | -0.1426963481740871 |  | 22495
Condominium |  |  | 21710 |  | 12730 |  | 0.7054202670856244 |  | 44970
% Condominium |  |  | 0.04343068394825127 |  | 0.03422089006572669 |  | 0.009209793882524575 | # | 0.03626981451341024
ARM (Excludes HECM ARM) |  |  | 2230 |  | 9658 |  | -0.7691033340236073 |  | 20351
% ARM |  |  | 0.004461097429967772 |  | 0.02596271455261496 |  | -0.02150161712264718 | # | 0.01641376462446991
Manufactured Housing (Real Estate) |  |  | 8409 |  | 6754 |  | 0.2450399763103346 |  | 20479
Interest Buy-down |  |  | 1242 |  | 1635 |  | -0.2403669724770642 |  | 4670
Lender Insurance *
Total Lender Insurance | 980000 |  | 403315 |  | 287787 |  | 0.401435784104216 |  | 975544
% of Total Insurance | 0.716374269005848 |  | 0.8068284798060323 |  | 0.7736313660129841 |  | 0.03319711379304824 | # | 0.7868089822030303
Forward Mortgages | 960400 |  | 403315 |  | 286979 |  | 0.4053815784430219 |  | 974735
HECM | 19600 |  | 0 |  | 808 |  | -1 |  | 809
Automated Underwriting System  * x
AUS Endorsed | 1094400 |  | 273648 |  | 288063 |  | -0.05004113683465072 |  | 880319
AUS as % of Total Endorsed | 0.8421052631578947 |  | 0.567032119967592 |  | 0.8163246221073572 |  | -0.2492925021397653 | # | 0.7428513806121915
Mortgage Insurance  *
Total Number | 1368000 |  | 499877 |  | 371995 |  | 0.3437734378150243 |  | 1239874
Total Amount ($B) | 248.6 |  | 100.9 |  | 66.2 |  | 0.5241691842900302 |  | 226.5
Forward Mortgages
Total Forward Number | 1299600 |  | 482597 |  | 352878 |  | 0.3676029675978667 |  | 1185054
Amount ($B) | 231.1 |  | 96.9 |  | 61.7 |  | 0.5705024311183144 |  | 213.4
Purchase Number | 807100 |  | 238819 |  | 237878 |  | 0.003955809280387523 |  | 733959
Amount ($B) | 141.9 |  | 51.2 |  | 39.5 |  | 0.2962025316455696 |  | 124.5
Refinance Number | 492500 |  | 243778 |  | 115000 |  | 1.119808695652174 |  | 451095
Amount ($B) | 89.2 |  | 45.7 |  | 22.2 |  | 1.058558558558559 |  | 88.9
Reverse Mortgages
HECM Number | 68400 |  | 17280 |  | 19117 |  | -0.09609248313019825 |  | 54820
Max Claim Amount ($B) | 17.5 |  | 4 |  | 4.5 |  | -0.1111111111111112 |  | 13.2
Claims  **
Total Claims | 287000 |  | 119986 |  | 81067 |  | 0.4800843746530647 |  | 284196
Regular | 143000 |  | 55613 |  | 37965 |  | 0.4648492032134861 |  | 142779
Conveyances |  |  | 37310 |  | 25342 |  | 0.4722594901744139 |  | 102236
Pre-Foreclosures |  |  | 11149 |  | 12446 |  | -0.1042101880122127 |  | 36740
Accelerated Claims (601) |  |  | 5256 |  | 116 |  |  |  | 1165
Non-Conveyance Foreclosure |  |  | 1898 |  | 61 |  |  |  | 2638
Special | 144000 |  | 64373 |  | 43102 |  | 0.493503781727066 |  | 141417
Loss Mitigation Retention | 132000 |  | 58393 |  | 39879 |  | 0.4642543694676395 |  | 129626
HECM Assignments | 12000 |  | 5980 |  | 3223 |  | 0.8554142103630158 |  | 11791
Source:     *  F17 CHUMS     **  [NAME]
#     = Percentage point difference
x     AUS includes only forward mortgages accepted and endorsed by the FHA scorecard (TOTAL).
Beginning with the January 2013 report, we are identifying the Other claims as either Accelerated Claims under HUD’s Distressed Asset Sale Program (DASP) or as Non-Conveyance Claims. The non-conveyance claims are from HUD’s pilot demonstration of encouraging more third-party sales at foreclosure auctions to avoid property conveyance and REO management. Both of these initiatives are expected to grow in the future.