Fannie Mae and Freddie Mac helped to prevent 60,592 foreclosures through various actions in the first quarter of 2025. Since being placed under federal conservatorship in September 2008, they’ve completed more than 7.1 million foreclosure prevention actions.

That’s according to the newest Foreclosure Prevention, Refinance and Federal Property Manager’s Report released Thursday by the Federal Housing Finance Agency (FHFA).

Of these actions, about 6.45 million have helped homeowners stay in their homes. That figure includes more than 2.76 million permanent loan modifications.

Regarding foreclosure actions, the report found that newly initiated forbearance plans dropped to 31,010 in Q1 details ⇒

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