What Will Lenders be Doing in the Next Couple of Years?!?!?!?
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If the news regarding Fannie Mae and its intention to pursue “strategic
defaulters” is reality, more people should be pursuing alternatives to
foreclosure. It isn’t entirely clear how Fannie will distinguish
between those who could no longer afford to keep their homes, and those
who chose to let the bank have it back. However, one thing is clear. A
work out to avoid foreclosure is always a better option....
To read more: http://emahoney100.wordpress.com/2010/07/06/so-what-will-lenders-be-doing-in-the-next-couple-of-years/
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