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Loan Modification

: Mortgage Lender Implode-o-Meter

REO Overload: Fannie, Freddie Face More Foreclosures in 2010

By Implode-Explode Heavy Industries

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"The government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, like the banking industry, are preparing for a surge in foreclosures to hit already overloaded REO portfolios in 2010."

Full post as published by Mortgage Lender Implode-o-Meter on April 12, 2010 (boomark / email).

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