PREVENTING HOME FORECLOSURES

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Today, the Federal Housing Finance Agency (FHFA) issued a release reporting that Fannie Mae and Freddie Mac (the Enterprises) accomplished a total of 47,769 foreclosure prevention actions in the fourth quarter of 2015. This increases the number of foreclosure prevention actions to more than 3.6 million since the introduction of the conservatorships in 2008. The Enterprises have helped millions of families save their homes and have permanently modified 2 million home loans to date.
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