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Modifications up 57% at GSEs
Jun 23, 2009Government-sponsored enterprises Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock] 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 streamlined modification program, but not the Making Home Affordable Program, as it was still in development at the end of Q109.
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California Law Freezes Foreclosures, Burns Servicers
Jun 16, 2009 -
State Bill Favors Appraisals in Origination
Jun 09, 2009 -
Patent Office Approves MBS Model
Jun 03, 2009 -
Partnership Provides HVCC Compliance Tool
Jun 01, 2009 -
Ellie Mae Expands Network of Approved AMCs
May 27, 2009 -
Delinquencies up 43% from 2008
May 27, 2009 -
IAS Touts Updated AVM, Consideration of ‘Distress’
May 20, 2009 -
Commercial Property in London Bags a Big Pay Day
May 19, 2009
