In the first quarter of 2025, Fannie Mae and Freddie Mac successfully helped prevent 60,592 foreclosures, with a total of over 7.1 million foreclosure prevention actions since 2008. Specifically, 6.45 million homeowners were able to stay in their homes due to various supports, including 2.76 million permanent loan modifications. The report from the FHFA noted a decrease in newly initiated forbearance plans and highlighted that the delinquency rate for conventional loans performed better than other loan types, with Florida facing the highest number of seriously delinquent loans.
Fannie Mae and Freddie Mac have been instrumental in helping to prevent over 60,000 foreclosures in Q1 2025, demonstrating solid performance in mortgage management.
The recent FHFA report indicates a significant drop in newly initiated forbearance plans, reflecting improving conditions for borrowers and the housing market.
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