| Re: Need advice on a re-payment plan program
FannieMae doesn't back secondary loans. Your loan is a fixed-rate, 30-year mortgage for less than $417,000, this is why Fannie Mae owns your mortgage. They and Freddie Mac own or guarantee most of the low fixed rate mortgages that were under the 417k conventional loan limit.
The workout options that they offer are for customers that are in default by 90+ days, this could be why you are not able to get help on the first loan.
__________________ Moe Bedard
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