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View Full Version : Fannie, Freddie Should Relax Loan-Modification Rules, FHFA Says - Bloomberg



NewsWhore
02-24-2009, 07:10 PM
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Fannie, Freddie Should Relax Loan-Modification Rules, FHFA Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaXringbcb4ps%26refer%3Dhome&cid=0&ei=3H6kSaz-IZGQmAeYkoiMCw&usg=AFQjCNGc7b9NbLqYWP0yd20wfrPceH0fRg)
Bloomberg
Joseph Evers, deputy comptroller at the Office of the Comptroller of the Currency, told lawmakers today that roughly 57 percent of Fannie and Freddie’s loan modifications made in the first quarter of last year defaulted again within six months of the ...


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