Sunday, 1 August 2021 | The Latest Buzz for the Appraisal Industry

Performance of Fannie, Freddie Mortgages Improves Across Most Metrics

The Federal Housing Finance Agency’s (FHFA) first-quarter 2021 Foreclosure Prevention and Refinance Report shows that Fannie Mae and Freddie Mac completed 224,646 foreclosure prevention actions during the quarter, bringing the total number of homeowners who have been helped during conservatorships to 5,812,000.

The report also shows that 38 percent of loan modifications completed in the first quarter reduced borrowers’ monthly payments by more than 20 percent. The number of refinances increased from 2,013,000 in

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