(I wrote a letter to my Senator back in July this exact question–no answer back!). I want to know why the government will not let Fannie Mae and Freddie Mac “fail”? I would like to see the government take these over and these two “lending giants” (mostly government owned as it is) be completely government [...]
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Freddie Mac, Non-Profit Groups Team Up to Help Discouraged Borrowers Pursue Loan Modifications Freddie Mac and 13 national and local non-profit organizations today announced a pilot effort to convince discouraged delinquent borrowers to pursue mortgage workouts that can save their homes and steer clear of foreclosure. Read more on PR Newswire via Yahoo! Finance
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