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Loan Modification
: Loan Modification & Home Loan NewsMultifamily Financing at Stake in Fannie, Freddie Wind-Down
By Moe Bedard
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(Source: The Daily Oklahoman / By Richard Mize) - “Winding down” Fannie Mae and Freddie Mac, as proposed by President Barack Obama, would hit the multifamily property investment market smack in the source of its stability compared to single-family housing: financing.Oklahoma City-area brokers said apartment investing would regroup from this little considered aspect of housing [...]Full post as published by Loan Modification & Home Loan News on February 28, 2011 (boomark / email).
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Credit Acceptance Corp. agrees to $52.1 million class action settlement after overcharging consumers for fees and interest on automobile installment contracts.
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Allstate Corp. agrees to restore insurance coverage and pay $250,000 settlement.
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