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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Mae Boosts Estimate for March Buyouts of Loans

By Implode-Explode Heavy Industries

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"Fannie Mae, the mortgage-finance company under government control, released its third announcement on plans to purchase delinquent loans out of its securities, reducing investor confusion with new details. Prices for some of its mortgage-backed securities jumped."

Full post as published by Mortgage Lender Implode-o-Meter on March 19, 2010 (boomark / email).

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