A new report required by law under the Helping Families Save Their Homes Act of 2009, a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act, showed that the majority of loans are current, and foreclosures remain below levels recorded before the pandemic.
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The End of MHA
The Making Home Affordable program ended on December 31 and the Treasury recently released Q4 2016 results, detailing the improvements made since 2009 and the assessing the quality of certain servicers.
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