Freddie/Fannie Mortgage Modifications (suck)
November 12th, 2008 | No commentsAt least that’s what Paul K. and Company surmise regarding the recent announcement of mass mortgage modification by the dynamic duo Fannie Mae and Freddie Mac. Only one segment of commentary in the otherwise fine discussion struck me as odd (emphasis mine)… “Heidi” – Lowering the principal amount is unethical. If they lower the principal [...]
Posted in Office |
Tags: Fannie Mae, Freddie Mac, mortgage modification, principal reduction |
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