August 29, 2008Freddie Mac told mortgage servicers on July 31 it was doubling the amount of money it pays for each workout that keeps a delinquent borrower with a Freddie Mac-owned mortgage out of foreclosure. Freddie Mac also announced it will start reimbursing servicers for the cost of door-to-door outreach programs, give servicers more time to negotiate [...]
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Loving the San Diego Coast!
