Recently, Fannie Mae and Freddie Mac announced a significant milestone in their loan modification programs, having successfully completed over half a million modifications since 2017. This achievement highlights the effectiveness of these programs in helping homeowners facing financial difficulties to stay in their homes and avoid foreclosure.

– Fannie Mae and Freddie Mac have completed over 500,000 modifications since 2017
– Loan modification programs have been successful in assisting homeowners in financial distress
– Milestone underscores the importance of these programs in preventing foreclosures and stabilizing the housing market

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