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Fannie Mae and Freddie Mac are implementing HAMP to prevent foreclosures, with Edward DeMarco serving as Acting Director of the Federal Housing Finance Agency.

1 report, 1 independent Updated May 20
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What happened

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Fannie Mae and Freddie Mac are implementing HAMP to prevent foreclosures, with Edward DeMarco serving as Acting Director of the Federal Housing Finance Agency.

Who's involved

What this event is mainly about
Fannie MaeFreddie MacEdward DeMarco

How it developed

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  1. Fannie Mae and Freddie Mac extended foreclosure relief on May 20th, announced by Edward DeMarco.Sub-event
  2. FHFA appoints DeMarco to oversee HAMP implementation by Fannie Mae and Freddie Mac to prevent foreclosures.1 source

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Coverage

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  • fhfaFannie Mae and Freddie Mac Implement HAMP During Second Quarter | FHFA