Oregon County Level Details: $50 Billion in SF FHA, Fannie, and Freddie Loans for 231,000 Families in CY 2008 and CY 2009.

I recently published a summary of CY 2008 FHA, Fannie, and Freddie loans in Oregon, showing that 131,000 families received $21.8 Billion in loans from these federal agencies (Prior post is HERE).

This week FHFA released CY 2009 GSE data ahead of a September 30th deadline. The next set of GSE SF data for 2010 will not be released until September 2011.

In a first for any state in the country, I have been able to put together a comprehensive Oregon state and county summary of FHA , Fannie and Freddie SF loans for BOTH CY 2009 and CY 2008, including comparisons between those years. ( I combined GSE data with FHA data I have assembled over the last two years),

That analysis is in a single PDF file I created HERE. The 10 page file has 5 different tables that include totals for the state, individual counties, and the 5 metro Portland counties in Oregon. 

KEY FINDINGS:

The headers for each table highlight the key findings of this analysis:

1. COMBINED CY 2009 and CY 2008 Fannie, Freddie, and FHA SF Oregon Loans: $50+ BILLION, 231,000 Homes.   
2. Oregon CY 2009: $28.4 Billion in Federally Supported SF Home Loans, for 130,000+ Homes.
3. Oregon CY 2008: $21.8 Billion in Federally Supported SF Home Loans, for 101,000+ Homes.
4. CY 2009 to CY 2008 Change in Fannie, Freddie, and FHA SF Oregon Loans: Dollars Increased by $6.5 BILLION, Loans Increased by More than 28,000.
5. CY 2009 to CY 2009 Change in Fannie, Freddie, and FHA Single Family Oregon Loans: Dollars Increased by 30%, Loans Increased by 28%.  FHA Increases Were Even Larger: 49% Increase in Dollars, 43% Increase in Loans.      

Note: GSE data includes geography down to the Census Tract level. I am willing to work selectively with others to make the complete set of data for these 187,000+ Oregon Fannie and Freddie loans in CY 2009 and CY 2008 available for further analysis, including those interested in looking at loans to minorities and first time home buyers.  (With 40 data elements per loan, that's close to 7.5 million pieces of Oregon GSE data, but whose counting?:). 

Email me if you have an interest and a proposal and please include your phone number so we can talk. 

Originally created and posted in the Oregon Housing Blog.