Loan Modification Forum - LoanSafe.org - View Single Post - Fannie Mae & Freddie Mac Suspending Foreclosures

AZ Meltdown · 11-21-2008, 10:59 AM

No Principal Reductions – Fannie will not reduce the principal, in virtually any circumstance, to make the mortgage payment affordable.

Yet another announcement that will do little to nothing.

11-21-2008, 10:59 AM	#4 (permalink)
AZ Meltdown Senior Member Join Date: Apr 2008 Posts: 129 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Fannie Mae & Freddie Mac Suspending Foreclosures No Principal Reductions – Fannie will not reduce the principal, in virtually any circumstance, to make the mortgage payment affordable. Yet another announcement that will do little to nothing.