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Tag Archives: Valid Contract
Obama Gets Big ‘No’ On Slashing Mortgage Debt
Despite strong pressure from the Obama administration, a federal regulator will not allow Fannie Mae and Freddie Mac to reduce mortgage principal. The Federal Housing Finance Agency’s Ed DeMarco has previously opposed the program, which uses taxpayer money to pay … Continue reading
Posted in Real Estate News
Tagged Contract Risks, Debt Forgiveness, Fannie Mae, Fannie Mae And Freddie Mac, Federal Regulator, Freddie Mac, homes millbrae, Housing Finance Agency, Loan Balances, Loan Modification, Meaningful Improvement, Michael Stegman, Mortgage Contract, Mortgage Credit, Mortgage Principal, Operational Challenges, Principal Reduction, Term Consequences, Timothy Geithner, Treasury Secretary, Valid Contract
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