… open it to those with loans backed by mortgage giants Fannie … and Freddie Mac to reduce loan principal. Government-controlled Fannie Mae and … half of all U.S. home loans , and their participation in principal … for principal reduction on GSE loans would undercut his mandate to …
Original post:
Obama Administration Acts to Bolster Homeowner Lifeline
Sat, Jan 28, 2012
Home Loans, Loans