Sacramento Certified Pre Foreclosure Specialist Report Fannie Mae and Freddie Mac initiated more than 485,000 mortgage loan modifications through December 2009, under the Administration’s Home Affordable Modification Program (HAMP). Total refinance volume increased in December, including those under the Home Affordable Refinance Program (HARP). The data were released by Edward J. DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA), as part of the agency’s monthly Foreclosure Prevention Report. According to DSNews: The Federal Housing Finance Agency’s (FHFA) recently released its monthly Foreclosure Prevention Report, which summarizes loss mitigation activities for Fannie Mae and Freddie Mac through October 2009 and includes Home Affordable Modification Program (HAMP) modification data and refinance data through December 2009. Under the administration’s HAMP, the government-sponsored enterprises (GSEs) initiated more...
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