Foreclosure

Fannie Mae’s Program Intended to Streamline Modification of Mortgages. But Only Those Borrowers With Equity and Who Meet  Eligibility Requirements Will Benefit. Fannie Mae has announced that it is introducing a new mortgage loan modification program, Streamlined Modification, which targets borrowers whose...

In the continuing series in the New York Times on loan modifications and the foreclosure crisis, the reporter details the strange and disturbing links between the mortgage brokers who were involved in brokering the sub-prime mortgages which have threatened foreclosure...