What do you think of Fannie Mae and the message presented above? What’s your opinion? Is the market still declining or has it improved? Have you attempted loan modification? Any success?
From YouTube: “Last week Fannie Mae announced its effort to strongarm the American consumers into NOT walking away from their mortgage. The threat of being blacklisted for 7 years AND being sued for the deficiency balance where State law allows, is a feeble attempt to scare people into not defaulting on their extremely underwater mortgage.”
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