Fannie and Freddie are trying to make it better and quicker for lenders to work out something with borrowers in trouble. This only helps those with goverment insured loans, but certainly better than nothing. The quasi-goverment entities and paying the lenders to work out foreclosures as quickly as possible. The lenders can get a $400 payment for arranging a repayment program on loans more than 60 days delinquent. They can get up to $700 for each borrower who takes out a HomeSaver Advance loan and can get $1000 to $1500 for facilitating a short sale. They also will get $1000 for each deed-in-lieu of foreclosure. With these things in place it should help borrowers in trouble get out from under some of those housing debts.