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Loan Modification

: Loan Modification & Home Loan News

Fannie Mae gets tougher on mortgage servicers

By Moe Bedard

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Fannie Mae (FNMA.OB), the largest provider of funding for U.S. residential mortgages, will begin demanding compensation from mortgage servicing companies that fail to properly handle troubled mortgage loans, the company announced late on Tuesday. The government-controlled company also said it may begin conducting reviews of loan files, processes and procedures used by the servicers, in [...]

Full post as published by Loan Modification & Home Loan News on September 02, 2010 (boomark / email).

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