Tag Archives: Delinquent Loans

According to new data, 2 million homeowners are either past due on their mortgage loans or in some stage of foreclosure. Click through to read more.

In its latest report, the FHFA breaks down how the Fannie and Freddie have worked to help keep struggling homeowners get current and remain in their homes.

While HUD recently proposed changes to its distressed loan sale program allowing a "preferential bidding" option to involve more non-profits, Fannie Mae still sells its non-performing loans to the highest bidder.

The goal of the FHFA's non-performing loan sales is to help borrowers avoid foreclosure. But the Agency's report indicated that the majority of NPLs sold by the GSEs have not achieved any outcome at all.