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GSEs complete 25,000 mortgage modifications in October

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GSEs complete 25,000 mortgage modifications in October

The Federal Housing Finance Agency said the rate of mortgages held by Fannie Mae and Freddie Mac more than 60-days delinquent was 4.5% at Oct. 31, flat with the end of the third quarter. In a report to Congress, the conservator of the mortgage giants said the delinquency rate inched higher to 12.9% for...
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