Delinquent Homeowners Afraid Of Being Homeless As Trump Announces, “No More Loan Modifications After January 20th!” President-Elect Trump is planning some major changes to the lending industry when takes office on January 20, 2025. He has publicly told delinquent homeowners point blank, “No more loan modifications! If people can’t pay, we’ll take it away. period!” […]
FHFA Is Preparing And Interviewing Wall Street Investment Banks To Handle What Will Be The Largest IPO In History The FHFA is preparing Fannie Mae and Freddie Mac for a record-setting IPO. The FHFA is interviewing Wall Street firms to handle a public offering of the shares of the nation’s two largest mortgage financiers that would […]
No Fannie/Freddie Mortgage Write-Downs For Struggling Homeowners Means More Cash For Uncle Sam Since the housing crisis began in 2007, the major banks and the major servicers have paid nearly $130 Billion in fines and court settlements to settle mortgage fraud issues with Fannie Mae and Freddie Mac. These settlements have brought Fannie Mae […]
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