Loan Modifications Determining Eligibility with FDIC

Monday, December 1st, 2008

The FDIC maintains that foreclosure prevention is a top priority for the financial watch-dog.  Mortgage servicing companies manage mortgage loans for other investors in most cases.  Many home loan servicers also manage Government Sponsored Enterprises, private investors owning securities collateralized by the mortgage loans and whole home loan investors. Each investor type has different standards [...]