Tag Archives: Foreclosure Prevention

During the pandemic, an estimated 3.2 million foreclosure starts were prevented, along with the completion of approximately 1.5 million foreclosures.

According to the FHFA’s Q3 2022 Foreclosure Prevention and Refinance Report, the Enterprises completed 69,362 foreclosure prevention actions within the quarter, helping troubled homeowners nationwide to stay in their homes.

Since the start of the GSEs' conservatorship nearly 14 years ago, approximately 40% of their foreclosure prevention actions have resulted in permanent loan modifications.

The FHFA's foreclosure analysis for July 2022 revealed the total number of loans in forbearance is trending downward from its peak in May, with nearly 85,000 loans in forbearance nationwide, while total refinance volume and mortgage rates also decreased in the same month.

Fannie Mae’s Jacob Williamson discusses how the GSE’s REO repair strategy focuses on innovative solutions to help support the repair and upkeep of properties nationwide.

COVID-19 presented mortgage servicers with a new challenge, creating and executing new customer solutions, while managing the impact of the pandemic on their own workforce.

Since entering conservatorship in 2008, Fannie Mae and Freddie Mac to date have assisted nearly 6.5 million homeowners with foreclosure prevention actions. Here’s what the GSEs’ latest data reveals.

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 ...

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.

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.