Fannie Mae Brings Relief to Bereaved Service Men
New programs to help those financially troubled people, thanks to Fannie Mae.
The mortgage crisis has still its after effects in our economy, and Fannie Mae comes with solution to some of the problems, this time foreclosure problems.
Fannie Mae, in association with US Army, announced a new program to prevent foreclosures of homes owned by military service men and women, along with their close family members.
The mortgage relief comes in form of delay in payment up to 6 months for those service men and women who have been injured or died. This is conditional that their mortgage loan was provided by Fannie Mae.
The grieved family can take the sorrow more easily after the mortgage lender reduces the amount for the said period.
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