The government-sponsored enterprises (GSEs) completed 539,451 foreclosure prevention actions during the third quarter of this year, according to new data from the Federal Housing Finance Agency (FHFA). The total number of GSE loans in forbearance plans totaled 1.04 million by ...
Read More »FHFA: Forbearance Plans Dominated May Foreclosure-Prevention Actions
The FHFA’s latest Foreclosure Prevention and Refinance Report breaks down the state of the landscape as we approached this summer, including delinquency rates, short sales, and other data.
Read More »GSEs Report 4.42M Preventive Actions Since Conservatorship
The FHFA’s report found that 50% of the actions taken during the month were for loan modification. Click through to read more on the report.
Read More »FHFA Tracks GSE Foreclosure Prevention
Fannie Mae and Freddie Mac have now completed 4.407 million foreclosure prevention actions since starting conservatorship.
Read More »Freddie Mac Settles $1.3B Trust Offering
Freddie Mac's Seasoned Loans Structured Transaction Trust featured loans that were modified to prevent foreclosure. Here's who was awarded the right to purchase the Trust's subordinate certificates.
Read More »Tallying Foreclosure Prevention Actions
The GSEs, Fannie Mae and Freddie Mac, completed nearly 20,000 foreclosure prevention actions in February 2018, according to the latest Foreclosure Prevention Report issued by the FHFA. The exact total of foreclosure prevention actions for February 2018 came to 19,932. ...
Read More »FHFA: Fannie, Freddie Foreclosure Preventions Top 4M in Q4
The Federal Housing Finance Agency (FHFA) rolled out its fourth-quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac zipped up 67,569 foreclosure prevention actions in the fourth quarter of 2017. Across the board, that brings the number ...
Read More »FHFA Data Shows Decrease in Short Sales, Deeds-in-Lieu
The Federal Housing Finance Agency released its Q3 2017 Foreclosure report, which outlined its continued efforts to decrease foreclosures among homeowners. Among the data, short sales and deeds-in-lieu experienced one of the largest decreases.
Read More »Easing the Burden
Ocwen Financial Corporation released the results of its loan modification borrower assistance program for the first half of 2017, allows for a mortgage payment reduction of up to 20 percent to qualified borrowers, and an option for principal forgiveness.
Read More »Foreclosure Activity Down Across the Board
According to a new report, serious delinquencies, short sales, deeds-in-lieu, third-party sales, and foreclosure sales were all down for the month. Earlier-stage delinquencies were up in February, however, with loans 30 to 59 days delinquent rising from 377,000 to 404,000 for the month. Of February loan modifications, 19 percent had principal forbearance, while extend-term modifications accounted for 44 percent—something the report attributes to ever-climbing housing prices.
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