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principal modifications

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FHFA principal reduction plan garners mixed reaction from housing industry HW+

Apr 14, 2016By

It’s only been a short time since the Federal Housing Finance Agency shook up the housing industry by announcing that it plans to begin offering principal reductions to certain borrowers, but reactions from both sides are beginning to trickle in. Some in the housing industry love it, some believe that the FHFA’s plan doesn’t go far enough, while others are concerned that the program sets a “dangerous precedent.”

3d rendering of a row of luxury townhouses along a street

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