Thursday, June 16, 2016
Loan Modification HELP!! Here’s What Borrowers Facing Resets Can Do
Chris B Johnson, REALTOR®, SFR®CDPECHSHyperLocal Updates
Fannie Mae and Freddie Mac have offered several possible solutions for borrowers who received modifications through the government’s Home Affordable Modification Program (HAMP) who are facing increased monthly payments when the interest rates on their modifications reset, according to the FHFA’s 2015 Annual Report to Congressreleased on Wednesday.