v3.25.2
Concentrations of Credit Risk (Tables)
 6 Months Ended
Jun. 30, 2025
Single-family  
Concentration Risk [Line Items]  
Schedule of Delinquency Status Guaranty Book of Business
The following tables display the delinquency status and serious delinquency rates for specified loan categories of our single-family conventional guaranty book of business.
As of
June 30, 2025
December 31, 2024
30 Days Delinquent60 Days DelinquentSeriously Delinquent30 Days Delinquent60 Days DelinquentSeriously Delinquent
Percentage of single-family conventional guaranty book of business based on UPB0.94 %0.24 %0.58 %1.00 %0.28 %0.60 %
Percentage of single-family conventional loans based on loan count0.99 0.25 0.53 1.05 0.29 0.56 
Schedule of Risk Characteristics Guaranty Book of Business
As of
June 30, 2025
December 31, 2024
Percentage of
Single-Family
Conventional
Guaranty Book of Business
Based on UPB
Serious Delinquency Rate
Percentage of
Single-Family
Conventional
Guaranty Book of Business
Based on UPB
Serious Delinquency Rate
Estimated mark-to-market LTV ratio:
80.01% to 90%6 %0.95 %6 %0.97 %
90.01% to 100%3 0.82 3 0.77 
Greater than 100%*3.48 *2.82 
Geographical distribution:
California19 0.43 19 0.41 
Florida6 0.84 6 0.96 
Illinois3 0.66 3 0.69 
New York4 0.75 4 0.79 
Texas8 0.66 8 0.73 
All other states60 0.49 60 0.51 
*    Represents less than 0.5% of single-family conventional guaranty book of business.
Multifamily  
Concentration Risk [Line Items]  
Schedule of Delinquency Status Guaranty Book of Business
The following tables display the delinquency status and serious delinquency rates for specified loan categories of our multifamily guaranty book of business.
As of
June 30, 2025(1)
December 31, 2024(1)
30 Days Delinquent
Seriously Delinquent(2)
30 Days Delinquent
Seriously Delinquent(2)
Percentage of multifamily guaranty book of business0.13 %0.61 %0.10 %0.57 %
Calculated based on the aggregate unpaid principal balance of multifamily loans for each category divided by the aggregate unpaid principal balance of loans in our multifamily guaranty book of business.(2)Consists of multifamily loans that were 60 days or more past due as of the dates indicated.
Schedule of Risk Characteristics Guaranty Book of Business
As of
June 30, 2025December 31, 2024
Percentage of Multifamily Guaranty Book of Business(1)
Serious Delinquency Rate(2)(3)
Percentage of Multifamily Guaranty Book of Business(1)
Serious Delinquency Rate(2)(3)
Original LTV ratio:
Greater than 80%1 %0.11 %1 %0.12 %
Less than or equal to 80%99 0.61 99 0.58 
Current DSCR below 1.0(4)
5 4.84 6 4.94 
(1)Calculated based on the aggregate unpaid principal balance of multifamily loans for each category divided by the aggregate unpaid principal balance of loans in our multifamily guaranty book of business.
(2)Consists of multifamily loans that were 60 days or more past due as of the dates indicated.
(3)Calculated based on the unpaid principal balance of multifamily loans that were seriously delinquent divided by the aggregate unpaid principal balance of multifamily loans for each category included in our multifamily guaranty book of business.
(4)Our estimates of current DSCRs are based on the latest available income information, including the related debt service covering a 12-month period, from quarterly and annual statements for these properties.