Article: Fannie Mae announces mortgage relief for Hurricane Ivan victims in Florida.

M2 PRESSWIRE-23 September 2004-Fannie Mae: Fannie Mae announces mortgage relief for Hurricane Ivan victims in Florida(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:09212004

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 in the Florida panhandle by Hurricane Ivan. Similar provisions are already in place for homeowners affected by Hurricanes Charley and Frances.

Fannie Mae's disaster relief provisions give lenders the discretion to help borrowers in several ways, ...

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