New Fannie Mae Program May Benefit 150,000 Homeowners
(mortgagenewsdaily.com)Search
2008-05-12
Another program to aid in the subprime mortgage crisis has been announced by Fannie Mae.
As with most recent initiatives, whether designed by lenders, Congress, or the President, the intended audience of Fannie's program is limited, but it does target a sector of troubled borrowers that has not received a lot of attention - the "underwater" borrower.
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