Latest GSE strategy gives some current, underwater borrowers an exit
This Bloomberg article puts an interesting spin on the coming changes to deed-in-lieu for current, underwater borrowers at the government-sponsored enterprises.
Why Fannie Mae may is singled out in the headline, though, is anyone's guess.
Changes from the FHFA trickle down uniformly to both GSEs.
Questions remain, however, on whether or not the second-lien holder can block the kick.