19,576
edits
Changes
Jump to navigation
Jump to search
Line 2:
Line 2: + + + + + + + +
Federal Housing Finance Authority (view source)
Revision as of 22:56, September 6, 2009
, 22:56, September 6, 2009no edit summary
*To be put in place by Dec. 15, the program allows borrowers who've missed at least three months' payments on their Fannie- or Freddie-owned home loan to apply for more affordable payments that cannot exceed more than 38% of their monthly gross household income. Banks administrating Fannie and Freddie mortgages can also lower interest rates to as little as 3%, extend the life of the loan up to 40 years or defer payments on the principal. [http://www.smartmoney.com/personal-finance/real-estate/freddie-and-fannie-fix-for-troubled-homeowners/]
*To be put in place by Dec. 15, the program allows borrowers who've missed at least three months' payments on their Fannie- or Freddie-owned home loan to apply for more affordable payments that cannot exceed more than 38% of their monthly gross household income. Banks administrating Fannie and Freddie mortgages can also lower interest rates to as little as 3%, extend the life of the loan up to 40 years or defer payments on the principal. [http://www.smartmoney.com/personal-finance/real-estate/freddie-and-fannie-fix-for-troubled-homeowners/]
== See also ==
*[[Employee Free Choice Act]]
*[[National Labor Relations Board]]
[[Category:Organizations]]
[[Category:Organizations]]