FHFA Releases Mortgage Relief Data for July

Since 2008, when they entered FHFA conservatorship, Fannie Mae and Freddie Mac have completed a total of 4,916,088 foreclosure prevention actions. The FHFA this week published its latest numbers, which show that: The two GSEs completed 230,198 foreclosure prevention actions in July. Close to half of these actions are permanent loan modifications, FHFA reported. They …

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