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Posts Tagged ‘ homeowner loans ’

Government Rolls Out Long-Sought-After Anti-Foreclosure Program

Nov 12th, 2008 | By William Patalon III | Category: Financial News

Fannie Mae (FNM) and Freddie Mac (FRE), the mortgage giants taken over by the federal government back in September, will lower monthly payments for hundreds of thousands of struggling U.S. homeowners as part of a plan to accelerate anti-foreclosure efforts, federal officials announced yesterday (Tuesday).

Tags: BAC, Citigroup Inc, Fannie Mae, FNM, FRE, home foreclosures, homeowner loans, JPM, MCO, subprime crisis, U S Treasury, U S Treasury Department, U.S. real estate crisis, WFC, William Patalon III
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