New York Homebuyers Face Risk of Fannie/Freddie Rate Penalty

It takes an average of 56.3 months, or almost five years, from a missed payment to the liquidation of a mortgaged property in New York.

Article source: http://www.nationalmortgagenews.com/dailybriefing/new-york-homebuyers-gse-rate-penalty-1032182-1.html

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