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

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
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 ...