FHFA Urges Quick Action On Loan Modifications

James Lockhart, director of the Federal Housing Finance Agency, is urging loan servicers to act promptly in modifying home mortgages.

  • 25 Nov 2008
James Lockhart, director of the Federal Housing Finance Agency, is urging loan servicers to act promptly in modifying home mortgages. In a letter to more than 40 mortgage services and trustees of private-label mortgaged-backed securities, Lockhart said the new streamlined modification program announced by the FHFA Nov. 11 ...

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