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The Flex Modification program helps homeowners experiencing financial hardship to extend their loan term and reduce principal and interest payments. The program can reduce payments by up to 20 ...
A mortgage modification can help you get better terms on your home loan if you're struggling to make payments. The Flex Modification program is designed to help homeowners who have mortgages that ...
Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification.
The Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex Modification policies to allow more borrowers facing longer-term hardships to ...
The Flex Mod program embraces the same concept of payment reduction to 20 percent, and this focus on affordability provides a better outcome for both servicer and investor – avoiding a ...
If you have a loan either owned or guaranteed by Freddie Mac or Fannie Mae, you may be eligible for the “Flex Modification” program. The goal of the Flex program is to reduce your mortgage ...
Borrowers with loans owned or guaranteed by Fannie Mae or Freddie Mac may be eligible for the Flex Modification program, which targets a 20% payment reduction.
The program, called Flex Modification, goes into effect Oct. 1, 2017. It will incorporate key elements from Fannie’s and Freddie’s standard and streamlined modification programs, as well as ...
HAMP will be replaced by a new federal assistance program called Flex Modification in 2017 The Obama Administration's Home Affordable Mortgage Program, or HAMP, will be replaced by a new federal ...
If you have a loan either owned or guaranteed by Freddie Mac or Fannie Mae, you may be eligible for the "Flex Modification" program. The goal of the Flex program is to reduce your mortgage payment ...
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