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Real Estate & Property Law

: The Home Equity Theft Reporter

Fannie, Freddie Trash Requirement That Homeowners Sign Away Their Rights To Sue In Order To Obtain Loan Modifications

By r morris

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The Washington Independent reports: [C]onsumer groups and Rep. Barney Frank (D-Mass), the chairman of the House Financial Services Committee, were not aware that the waivers [requiring homeowners to sign away their rights to sue, in order to get their loan payments restructured on more affordable terms by Fannie Mae and Freddie Mac] were included in the loan modification agreements until after

Full post as published by The Home Equity Theft Reporter on February 11, 2009 (boomark / email).

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