Sentences with phrase «doing loan workouts»
Some clients might even prefer to do a loan workout and simply put the arrears at the end of the mortgage, selling themselves short (this is pretty much what every broker is doing outside of here and what we previously mentioned were «glorified workouts» since they have nothing to do with principal reductions).
http://www.doanlaw.com/ Not exact matches
The government sponsored enterprise (GSE), which has been under government conservatorship since 2008, announced that strategic defaulters «who walk - away and had the capacity to pay or did not complete a workout alternative in good faith will be ineligible for a new Fannie Mae - backed mortgage loan for a period of seven years from the date of foreclosure.
They were inundated with short sales, loan workouts, and foreclosures so were not looking for DOS violations.