Tag Archives: underwater borrowers

Big Numbers Still Don’t Sway DeMarco Towards Principal Reduction

Posted on April 11, 2012 by

04/10/2012 By: Esther Cho, DSNews.com While arguments continue to be made that Fannie Mae and Freddie Mac should apply principal reduction to keep underwater borrowers from going into foreclosure, Edward DeMarco, FHFA acting director, still has plenty of ammo to … Continue reading →

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Refis not an Option for many who would Benefit Most

Posted on December 2, 2011 by

22M borrowers have less than 20% stake in their homes By Inman News Inman News™, December 2nd, 2011 Nearly seven in 10 homeowners with loan-to-value ratios of 80 percent or more are paying above-market mortgage rates and may be unable … Continue reading →

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