The Federal Housing Finance Admin Has a New Plan For Fannie & Freddie Troubled Mortgageholders

The Federal Housing Finance Administration, which was created with the Bailout of Giant Mortgage Losers Fannie Mae & Freddie Mac, has announced a "streamlined mortgage modification program."From the FHFA Press Release:"As housing prices have fallen, delinquencies on mortgages have tripled, not just for subprime and Alt-A, but also for prime mortgages. Foreclosures have increased almost 150% from