Spoke to a mortgage servicer today who just did his first Fannie 40-year workout for a delinquent borrower. The interest rate stayed at 3.5% and the borrowers monthly P&I dropped to ~$2,800 from ~$3,200.We weren’t going to see many distressed situations anyway …

发布时间: 2023-07-19 08:02:11

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Spoke to a mortgage servicer today who just did his first Fannie 40-year workout for a delinquent borrower. The interest rate stayed at 3.5% and the borrowers monthly P&I dropped to ~$2,800 from ~$3,200.

We weren’t going to see many distressed situations anyway …
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11个月前由 Bill McBride 提交

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