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Tag Archives: Foreclosure Prevention

FHFA Releases Q2 Foreclosure Prevention Report

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.

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Servicers Adapt to Changing Times

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.

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Q3 Shows Signs of Effective Foreclosure Prevention Actions

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 ...

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