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Real Estate & Property Law

: Housing Wire

Fannie, Freddie Set New HAMP Guidelines on Documentation

By JON PRIOR

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The mortgage giants Fannie Mae (FNM: 1.20 +6.19%) and Freddie Mac (FRE: 1.59 +10.42%) released new guidelines for their servicers modifying mortgages under the Home Affordable Modification Program (HAMP). Under HAMP, the US Treasury Department allocates capped incentives to participating servicers for the modification of loans on the verge of foreclosure. According to the latest reports, [...]

Full post as published by Housing Wire on December 15, 2009 (boomark / email).

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Lawsuits and Settlements

SunTrust Mortgage Faces Class Action over Alleged HAMP Breach of Contract
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