FHFA: More Than 6.8M Troubled Homeowners Helped During Conservatorships
The Federal Housing Finance Agency reported Fannie Mae and Freddie Mac completed 43,356 foreclosure prevention actions during the third quarter, raising the total number of homeowners who have been helped to 6.86 million since the start of conservatorships in 2008.
ICE First Look for November: Delinquencies Up, but Still Historically Low
Intercontinental Exchange Inc., Atlanta, released its “first look” at November mortgage performance, finding the national delinquency rate crept up to 3.39%.
Freddie Mac Plans Fee-Based Repurchase Alternative for Performing Loans
Freddie Mac, McLean, Va., plans a pilot program that could replace the current approach to seeking repurchases for performing loans with origination defects. Freddie Mac previewed aspects of the pilot program in October at MBA’s Annual Convention.
ATTOM: November Foreclosures Up Annually, Down From October
ATTOM, Irvine, Calif., recorded 32,120 U.S. properties in its November Foreclosure Market Report. That’s up 5% from November 2022 but down 7% from October.
