Tag Archives: foreclosures

Delinquent GSE Mortgages Fall to Lowest Level Since 2008

The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due or are in the foreclosure process fell in the fourth quarter of 2016 to the lowest level since 2008, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.

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Mnuchin Mounts Strong Defense of Banking Career

In an often combative confirmation hearing before the Senate Finance Committee today, Treasury Secretary-Designate Steven Mnuchin made a strong defense of his banking career and emphasized the Trump administration’s plans for regulatory relief and tax reform.

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Delinquent GSE Mortgages Continue to Decline

The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due or are in the foreclosure process fell 6 percent in the second quarter, following a first-quarter decline that marked the lowest level since the first quarter of 2008.

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