New Guidelines Unveiled for Faster Assistance to Borrowers
June 30, 2008
The Hope Now Alliance has announced new procedures and guidelines to speed up help to homeowners in danger of losing their homes. For the first time, the new guidelines establish a timetable that Hope Now servicers will use when working with a distressed homeowner. The agreement also includes extensive procedures by which servicers will keep homeowners informed about the status of their request for...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.