Saturday, October 1, 2011

No plan for principal reductions at Fannie Mae

The number of Americans struggling to make their mortgage payments is at traditional highs, while properties remain at high levels of negative equity.
Popular strategies for helping distressed borrowers include mortgage modification and refinancing, to name a few. But at the largest mortgage player in the nation, Fannie Mae, there is one option that the government-sponsored [...]

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Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/GkUcKJFzbWU/no-plan-for-principal-reductions-at-fannie-mae

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