By the Lending Lies Team Fannie Mae and Freddie Mac have introduced a new loan modification option called Flex Modification. This program replaces HAMP (Home Affordable Modification Program), the Standard Modification, and the Streamlined Modification. On paper, it’s designed to reduce monthly payments for troubled borrowers. In practice, it may also serve another purpose: to […]

Tags: Fannie MAe, flex modification, Freddie Mac, HAMP, LOAN MODIFICATION
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