Home / Tag Archives: Foreclosure Prevention (page 3)

Tag Archives: Foreclosure Prevention

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 »

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.

Read More »

GSEs Nearing Loan Modification Milestone

Fannie Mae and Freddie Mac have continued to complete foreclosure prevention actions, and are close to achieving a milestone in the number of permanent loan modifications completed since the start of the conservatorships.

Read More »