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Article: Fannie Mae announces mortgage relief for Hurricane Frances victims.
- Article from:
- M2 Presswire
- Article date:
- September 8, 2004
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M2 PRESSWIRE-8 September 2004-Fannie Mae: Fannie Mae announces mortgage relief for Hurricane Frances victims(C)1994-2004 M2 COMMUNICATIONS LTD
RDATE:09072004
WASHINGTON, DC - Fannie Mae (FNM/NYSE), the nation's largest source of financing for home mortgages, has mortgage relief provisions in place for Florida borrowers facing hardships as a result of widespread flooding and damage caused by Hurricane Frances. Similar provisions are already in place for homeowners affected by Hurricane Charley.
Fannie Mae's disaster relief provisions give lenders the discretion to help borrowers in several ways, including suspending mortgage payments for up to ...