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Real Estate & Property Law

: Housing Wire

Post-Moratorium Foreclosure Sales Surge

By DIANA GOLOBAY

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Although government-sponsored entities Fannie Mae (FNM: 0.77 -6.10%) and Freddie Mac (FRE: 0.80 -6.98%) increased their foreclosure prevention actions by 9% in February, completed foreclosure sales at the GSEs surged nearly 900% from January, according to the foreclosure prevention report issued Tuesday by the Federal Housing Finance Agency (FHFA) on behalf of the enterprises. FHFA director [...]

Full post as published by Housing Wire on May 13, 2009 (boomark / email).

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