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Home » Store » News » Fannie, Freddie Boost Incentives to Servicers, Catching Up With Escalating Costs to Head Off Rising Foreclosures

Fannie, Freddie Boost Incentives to Servicers, Catching Up With Escalating Costs to Head Off Rising Foreclosures

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Fannie Mae and Freddie Mac late last week made some substantial upgrades to the packages of financial incentives they offer to servicers that help struggling homeowners avoid foreclosure. Freddie basically doubled its servicer compensation package. The government-sponsored enterprise announced that compensation for repayment plans will rise from $250 to $500, while the...
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