Industry News

Study: Delinquent mortgage holders don’t know their options

More than half fail to contact lenders, Freddie Mac says
Published on Dec 12, 2005

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by CareyBot

Nearly two-thirds of borrowers behind on their payments are unaware of the workout options available to them, according to a study by Freddie Mac, the company said today. The mortgage giant conducted the study to find out why late-paying borrowers ...