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Home » Store » Inside The GSEs » GSE Loss Mitigation Activity Declines in 1Q13

GSE Loss Mitigation Activity Declines in 1Q13

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Inside The GSEs

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Fannie Mae’s and Freddie Mac’s home retention activity declined for the most part during the first quarter of 2013, according to a new analysis of Federal Housing Finance Agency data by Inside The GSEs. Total loss mitigation activity – total home retention efforts and foreclosure alternatives combined – declined 1.3 percent during the first quarter of the year to 183,689 and was down 14.5 percent from year-ago levels. Total home retention efforts came to 98,728 in the first quarter, an increase of 1.1 percent from the fourth quarter but down 11.6 percent from the same period a year before.
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