Industry News

Fannie Mae sweetens loan workouts

Real estate roundup
Published on Aug 13, 2008

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by CareyBot

Fannie follows Freddie, boosts workout incentives Fannie Mae has boosted incentives for loan servicers who engage in workouts with troubled borrowers that help them avoid foreclosure, including repayment plans, loan modifications, short sales and deeds-in-lieu of foreclosure. The new incentives, ...