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American Banker Article on Fannie Mae's HomeSaver Advance Program |
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Wednesday, 05 March 2008 |
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As previously discussed, Fannie Mae introduced HomeSaver Advance, a new loss mitigation alternative available to approved Fannie Mae servicers for eligible borrowers designed to bring a delinquent loan current without a formal loan modification. The following article from American Banker discusses the program and its potential impact on rising delinquencies.
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