Posts Tagged ‘homesaver advance’

HomeSaver Advance: One Bad Loan Modification Idea

About a year ago one of the dodgier ideas for helping homeowners cope with their mortgages was rolled out by Fannie. It was called the HomeSaver Advance (Ya gotta love the names they come up with). It’s turned out to be an unmitigated disaster. The program extended unsecured loans to homeowners who were having trouble […]