Industry News

Fannie Mae provides $100 million for N.Y. refis

Borrowers in risky loans to be offered fixed-rate mortgages
Published on Jul 31, 2007

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by CareyBot

New York is partnering with Fannie Mae to offer homeowners with risky mortgages the chance to refinance into 30- and 40-year fixed-rate mortgages to avoid foreclosure. The $100 million “Keep the Dream” refinancing program unveiled Friday is a partnership between ...

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