Fannie and Freddie Loan Mods Not Getting Anywhere

Hot off the press this morning- the results of Fannie and Freddie’s Foreclosure prevention efforts: Washington, DC – Federal Housing Finance Agency Director James B. Lockhart today released FHFA’s latest Foreclosure Prevention Report detailing actions taken by Fannie Mae and Freddie Mac to prevent unnecessary foreclosures and keep people in their homes. The report includes loan modification data under FHFA’s Streamlined Modification Program, which was initiated in November 2008 but ended

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