SHARE
TEXT SIZE:
SHARE
Send a copy to me

Separate multiple email addresses (max 20) with commas.

0/1500

Freddie Mac vs AHM

What a clusterfuck. When American Home Mortgage went bankrupt, Freddie Mac seized $7 million in payments that homeowners had made, some of which was for insurance payments and property taxes. But American Home refused to give Freddie Mac the files saying who should be paid what. "Therefore, there is the imminent risk that borrowers' insurance policies may lapse for nonpayment, subjecting the borrowers to a risk of loss of their mortgaged properties," Freddie Mac now says.

...

Back to Article


Loading...

Add Your Comment

Required fields are marked with an asterisk (*)
Add a comment



Also in Portfolio.com
Most Read
Most Emailed
Recently Commented