Fannie Mae and Freddie Mac loan modifications and refinancings showed substantial increases in 1Q10, according to the Federal Housing Finance Agency’s (FHFA) Foreclosure Prevention & Refinance report.

The  FHFA attributed  the increases to the Home Affordable Modification Program (HAMP) and to the Home Affordable Refinance Program (HARP). HAMP's volume of permanent modifications tripled while HARP encouraged a steady growth in refinancings.

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