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Fannie, Freddie To Let Some Walk Away
January 29th, 2013 4:34 PM
Fannie, Freddie to let some walk

Fannie Mae and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans while adding to losses at the mortgage giants bailed out with $190 billion of taxpayer money.



Read more: http://www.sfgate.com/business/article/Fannie-Freddie-to-let-some-walk-away-4230643.php#ixzz2JPlFPMau

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Posted by Teresa Molina on January 29th, 2013 4:34 PMPost a Comment

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