Joined Nov 11, 2007
31,929 Blog Posts

FHFS Will Not Forgive Principal for Delinquent Mortgages Despite Incentives Offered by The Treasury

Fannie Mae (FNMA) and Freddie Mac won’t forgive principal on delinquent mortgages they guarantee even as the U.S. Treasury Department is offering incentive payments for writedowns, the companies’ regulator said today.”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter