Author name: Ricky Vasquez

Overall foreclosure prevention activity slowed at Fannie Mae and Freddie Mac this spring, just ahead of a transition to shorter allowable forbearance periods and more reliance on loan modification. Processing Content The government-sponsored enterprises (GSEs) completed 17,201 foreclosure prevention actions during the month, representing an 8.7% drop from March’s 18,835.  “Foreclosure prevention actions decreased in […]

AnnieMac Home Mortgage is the latest lender to settle a data breach lawsuit, agreeing to a $2 million deal with impacted consumers. Processing Content Plaintiffs in a federal class action complaint filed a motion for preliminary approval of a settlement this week, ending litigation over a 2024 hack at the company. The agreement covers 171,074

Freddie Mac’s retained portfolio inched back up but came nowhere close to catching up with Fannie Mae’s, bearing out a 2026 trend that stands in contrast to last year’s. Processing Content Freddie’s retained portfolio was $139 billion at the end of June, up from $137 billion the previous month and $97 billion year earlier. Fannie’s