Fannie and Freddie Offer New Plan to Help Homeowners November 12,2008

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

..."If all they're doing is lengthening the loan maturity, it may reduce the economic stress a little bit, but it doesn't deal with the main problem, which is you have an underwater loan," says Richard Green, director of the Lusk Center for Real Estate at the University of Southern California...