Regulator extends Fannie, Freddie's participation in foreclosure prevention programs

May 8, 2015 8:00 PM

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WASHINGTON May 8 Fannie Mae and Freddie Mac's regulator on Friday extended for another year the mortgage finance firms' participation in the government's main foreclosure prevention programs.

The decision, announced by Federal Housing Finance Agency Director Mel Watt, extends the Home Affordable Mortgage Program and the Home Affordable Refinance Program through the end of 2016.

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