Repurchasing loans

With Fannie Mae and Freddie Mac saying they will be repurchasing loans more than 120 days delinquent, there isĀ some speculation this could mean they will eventually end up back at the bank they came from. So, if you have a loan from WaMu or Chase that was sold off and is owned by investors, which makes it harder to get a loan modification, this could help you at some point.

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