GSE Loss Mitigation Activity Skyrockets in First Qtr.
June 23, 2010
The efforts by Fannie Mae and Freddie Mac to facilitate the Obama administration’s foreclosure prevention programs, by all measures, skyrocketed in the first quarter, according to a new analysis by Inside The GSEs of data from the Federal Housing Finance Agency.Total home retention efforts jumped to 214,729 in the first quarter, up 84 percent from the... [Includes one chart]