FHFA: GSEs Complete 97,000 2nd Quarter Foreclosure Preventions

The Federal Housing Finance Agency released its second quarter Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 96,945 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to 6,591,002 since start of conservatorships in September 2008.

Home Price Reports: ‘Deceleration’ is Key Word

The S&P CoreLogic Case-Shiller Indices reported an 18 percent annual gain in June, still hot but well off the 19.9 percent pace in May. And the Federal Housing Finance Agency also reported deceleration in June, to 17 percent.

FHFA Announces Update for Services to Maintain Fair Lending Data

The Federal Housing Finance Agency on Wednesday announced Fannie Mae and Freddie Mac will require servicers to obtain and maintain fair lending data on their loans, and for this data to transfer with servicing throughout the mortgage term.