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Loan Modification

: Loan Modification & Home Loan News

Fannie Mae CEO Statement by Michael J. Williams on the Bank of America Repurchase Agreement

By Moe Bedard

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WASHINGTON — Fannie Mae (BULLETIN BOARD: FNMA) has reached an agreement with Bank of America, N.A., and its affiliates – BAC Home Loans Servicing, LP, and Countrywide Home Loans, Inc. – to address outstanding repurchase requests for residential mortgage loans with an unpaid principal balance of approximately $3.9 billion delivered to Fannie Mae by affiliates [...]

Full post as published by Loan Modification & Home Loan News on January 03, 2011 (boomark / email).

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