Monthly Report to the FHA Commissioner
Effective May 2013, the monthly reports entitled FHA Single-Family Outlook and Monthly Report to the FHA Commissioner have been replaced with new reports entitled FHA Single-Family Origination Trends Report, FHA Single-Family Loan Performance Trends Report, and FHA Production Report. The new reports provide details on the credit characteristics and performance of the FHA programs, the information found in the discontinued reports, as well as additional information regarding FHA programs that was previously provided in quarterly reports.
The Office of Evaluation section of the Monthly Report to the FHA Commissioner describes FHA's insurance activities for single-family, multifamily, and Title I programs. It shows the current month's activities and compares the cumulative activities of the current fiscal year-to-date with the activities of the prior fiscal year for a comparable time period. It lists activities using an inventory approach showing beginning portfolio balances, additions for the period, subtractions for the period, and ending portfolio balances. For single-family programs, it gives additional detailed information such as loans in default, use of loss mitigation tools, and comparisons with the conventional market and VA.
NOTE: The May 2012 report will show changes in the grouping of insurance activity on the Multifamily Insured Portfolio page. These changes were required because of source-system changes that caused this reporting to erroneously treat recent period insurance endorsements and terminations as if they had occurred in the prior year but had just been recorded. Reports for October 2011 through April 2012 are affected.
Modifications were made to the March and April 2012 reports on the Single-Family Insured page regarding the current and prior fiscal years for prepayment and claim numbers.