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Real Estate & Property Law

: Housing Wire

GSE Loan Modification Plan Generates Questions, Concerns

By PAUL JACKSON

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The mortgage modification frenzy that has caught lenders in its net in recent weeks has moved to both Fannie Mae (FNM: 0.682 -5.28%) and Freddie Mac (FRE: 0.82 -6.82%), with both GSEs rolling out what’s being called a “streamlined modification plan” — or SMP — to restructure loans for troubled borrowers en masse. Or at [...]

Full post as published by Housing Wire on November 11, 2008 (boomark / email).

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