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Fannie Mae and Freddie Mac completed 43,459 foreclosure prevention actions during the third quarter, according to the Federal Housing Finance Agencys (FHFA) most recent Foreclosure Prevention and Refinance Report. That raised the total number of homeowners who have been helped to 7,047,721 since the start of conservatorships in September 2008. About 35% of loan modifications completed in the third quarter reduced borrowers monthly payments by more than 20%, the report shows.
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With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year. In September, Catherine Koh dived into data on the homeownership rate of various household types including married couples with children, married couples with no children, single parents, and others. The homeownership rate.
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