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Agencies, Lenders Offer Relief to CA Fire Victims.(Brief Article)

Mortgage Servicing News

| December 01, 2003 | COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The Mortgage Bankers Association, Freddie Mac and Fannie Mae all called for mortgage lenders and servicers to provide relief to borrowers affected by the wildfires in Southern California in late October.

All three organizations urged mortgage companies to use compassion in their dealings with Southern Californians, and to ensure that homeowners can recover from the fires without damaging their financial situations or credit ratings. Fannie Mae said that it would put mortgage relief provisions in place for those in San Bernardino, Riverside, San Diego, Los Angeles ...

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Source: HighBeam Research, Agencies, Lenders Offer Relief to CA Fire Victims.(Brief Article)

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