Browsing: Foreclosures

Mortgage

The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due dropped from 1.6 percent to 1.4 percent at the end of the first quarter, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.

Mortgage

The Federal Housing Administration today announced a new option that allows FHA-insured homeowners whose homes were damaged by recent natural disasters to remain in their homes, and also reduces losses that would otherwise negatively affect FHA’s mutual mortgage insurance fund.

Economy

The share of current and performing first-lien mortgages rose to 95.6 percent for the first quarter, up from 94.9 percent a year earlier, according to the Mortgage Metrics Report released today by the OCC.

Mortgage

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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