New Brainstorm At Fannie Mae

Posted By on June 23, 2010

Fannie Mae To Deny New Mortgages To Deadbeats

06/23/2010 
 

According to Dow Jones,  bankrupt GSE Fannie Mae, announcedit won’t back new mortgage loans for seven years for homeowners who walk away from their mortgages although they were able to pay or did not seek a workout in good faith with their lender.”  “”We’re taking these steps to highlight the importance of working with your servicer. Walking away from a mortgage is bad for borrowers and bad for communities.

Agreed

About the author

Comments

Comments are closed.

Copyright © 2019 The Stated Truth