President Calls for Refinancing Underwater PLS Loans

The Obama administration will be calling on Congress to pass legislation that will allow Fannie Mae and Freddie Mac to refinance underwater loans in private label securities.

Article source: http://www.nationalmortgagenews.com/dailybriefing/president-calls-for-refinancing-underwater-private-label-security-loans-1038003-1.html

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