March 2009
Mortgage Servicing News;Mar2009, Vol. 13 Issue 2, p37
The article reports on the emergence of the default loan servicing in the U.S. despite the global financial crises in 2009. The Federal Housing Finance Agency claimed that delinquencies on agency-backed loans continued to increase in 2008. The collapse of the housing market caused Fannie Mae and Freddie Mac in government conservatorship.


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