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New Fannie, Freddie Program Offers Relief to Delinquent Borrowers

December 19, 2016 5:03 pm

A new program offered by Fannie Mae and Freddie Mac will provide delinquent borrowers relief through a 20 percent mortgage payment reduction, the enterprises recently announced. The program, the Flex Modification, available by or on Oct. 1, 2017, is open to borrowers who are at least 60 days delinquent on their loan. “The new Flex […]

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