The U.S. Treasury and the Department of Housing and Urban Development released their February Housing Scorecard, which tracks housing market data and highlights the Administration’s recovery efforts through January. The report found that, while home affordability remains high and existing-home sales improved during the month, prices are still unsettled and the recovery remains fragile. Raphael Bostic, HUD’s assistant secretary, said the Administration has taken unprecedented action to promote stability in the market and remains committed to helping eligible homeowners avoid foreclosure. The report found a continuing downward trend in mortgage delinquencies, as well as foreclosure starts and completions below their peak. Since April 2009, low mortgage rates have helped more than 9.5 million homeowners to refinance, which represents $18.1 billion in total borrower savings. More here, here, and here.