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Freddie Mac Doubles Financial Incentives to Servicers Who Help Borrowers Avoid Foreclosure

Freddie Mac Doubles Financial Incentives to Servicers Who Help Borrowers Avoid Foreclosure. One of the nation’s largest investors in residential mortgages, Freddie Mac also announced it will start reimbursing servicers for the cost of door-to-door outreach programs, give servicers more time to negotiate workouts in states with fast foreclosure processes, and make administrative changes intended to streamline the workout process. Continue reading

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