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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Chispas who wrote (36769)	9/9/2005 1:37:09 AM
From: mishedlo	Read Replies (1) of 116555

Fannie Mae offers relief for Hurricane Katrina victims Friday, September 9, 2005 Fannie Mae is offering mortgage relief for borrowers in Mississippi, Louisiana, Alabama, Florida and other states facing hardships from damage caused by Hurricane Katrina, the mortgage giant announced Monday. With Fannie Mae's disaster relief provisions, lenders can help borrowers in several ways. These include suspending mortgage payments for up to three months, reducing the payments for up to 18 months, or in more severe cases, creating longer loan payback plans. dailynewstranscript.com Relief for Katrina victims or relief for itself? I think it is acting to prevent massive rising delinquencies

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