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Real Estate & Property Law

: Housing Wire

Modifications up 57% at GSEs

By DIANA GOLOBAY

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Government-sponsored enterprises Fannie Mae (FNM: 0.64 +3.23%) and Freddie Mac (FRE: 0.71 +9.23%) reported more than 37,000 mortgage modifications in the first quarter of 2009, 57% more than the volume of modifications seen in the previous quarter. The modification data, supplied by the enterprises’ conservator, the Federal Housing Finance Agency (FHFA), include modifications conducted through the [...]

Full post as published by Housing Wire on June 23, 2009 (boomark / email).

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