Rep. Mike Capuano Applauds New FHFA Mortgage Modification Program

    -
    By Massachusetts RealEstateRama -

    WASHINGTON, D.C. – April 1, 2013 – (RealEstateRama) — Rep. Mike Capuano today praised the Federal Housing Finance Agency (FHFA) for taking additional steps to help homeowners who are struggling to keep current on their mortgages with its new Streamlined Modification Initiative. This program applies to loans owned or guaranteed by either Fannie Mae or Freddie Mac. Homeowners who are at least 90 days behind on their mortgage will automatically be given the opportunity to modify their loan.

    RELATED ARTICLESMORE FROM AUTHOR

    Previous articleSenior Home Equity Highest In Four Years
    Next articleBoston Public Library to Host April 10 Public Program on Johnson Building Project