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WEDNESDAY, NOVEMBER 25, 2009
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PREMIUM NEWS ARCHIVE

Mass mortgage-modification program can keep many Americans in homes.(Real Estate)

Article from: Daily Herald (Arlington Heights, IL) Article date: November 21, 2008

WASHINGTON You may have seen headlines about the latest public and private efforts to help financially distressed homeowners cope with their mortgage payments. But you might not have caught key details that could have personal impact on you or people you know now or in the recession months ahead.

One of the most ambitious mass-market "loan modification" programs was outlined Nov. 11 by the Federal Housing Finance Agency overseer of Fannie Mae and Freddie Mac along with the 33 banks and mortgage servicers who make up the ...

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