Saturday , 23 January 2021

FHFA Releases Foreclosure-Prevention Report

The government-sponsored enterprises (GSEs) completed 166,942 foreclosure prevention actions in August, according to new data from the Federal Housing Finance Agency (FHFA). Fannie Mae and Freddie Mac performed 3,599 permanent loan modifications in August, with 23% of these transactions being modifications with principal forbearance. Modifications with extend-term accounted for 61% of all loan modifications during …

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