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Home » Store » News » B&C News Briefs

B&C News Briefs

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Hibernia National Bank has joined with Fannie Mae to bring the government-sponsored enterprise’s anti-predatory lending refinance program to New Orleans. Similar to a program in Chicago, which has so far met with only limited success, the initiative aims to provide market-rate financing to qualified borrowers who are facing foreclosure. Borrowers will be funneled to Hibernia from New Orleans Fair Housing and Neighborhood Housing Services, which will evaluate loans for factors such as flipping or "inappropriately
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