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workouts : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

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The Untold Story Behind Fannie Mae & Freddie Mac

The government is out with new foreclosure prevention numbers from Fannie Mae and Freddie Mac. According to the Federal Housing Finance Agency (FHFA), the headline is that “FANNIE MAE AND FREDDIE MAC LOAN MODIFICATIONS UP BY MORE THAN 50 PERCENT IN FIRST QUARTER, MONTHLY PAYMENTS REDUCED FOR HOMEOWNERS.” We then learn that “Fannie Mae and [...]

24Jun2009 | | 1 comment | Continued