Nearly 20,000 Homeowners Avoid Foreclosure by Short Sale/Deed-In-Lieu in 2015

Nearly 20,000 Homeowners Avoid Foreclosure by Short Sale/Deed-In-Lieu in 2015

Short Sale Solutions

Fannie Mae and Freddie Mac have combined to help approximately 121,000 homeowners avoid foreclosure through a variety of both retention and non-retention solutions through the first 2 quarters of 2015. Roughly 68,000 homeowners were helped by Fannie Mae.

Short sales and deeds-in-lieu of foreclosure, totaled 11,785 for Fannie Mae year-to-date through the end of June.

Meanwhile, Freddie Mac has helped 53,000 families avoid foreclosure year-to-date for the first half of 2015. Another 7,000 borrowers avoided foreclosure through non-retention solutions such as short sales and deeds-in-lieu transactions during the first six months of 2015, according to Freddie Mac.

Nearly 20,000 Homeowners Avoid Foreclosure by Short Sale/Deed-In-Lieu in 2015  Short Sale Solutions

 

 

 

 

 

 

 

Source: DSNews.com

Nearly 20,000 Homeowners Avoid Foreclosure by Short Sale/Deed-In-Lieu in 2015

Short Sale Solutions

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