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Making Home Affordable and How to Avoid Foreclosure Rescue ScamsA new video Refinances in First Quarter Reduce Mortgage Payments by $2.5 BillionAccording to Freddie Mac's newest quarterly Refinance Report, homeowners who refinanced their mortgages during first quarter 2009 saved about $160 a month on a $200,000 loan, which in aggregate adds up to approximately $2.5 billion in extra spending cash over the coming year. New Reverse REMIC Program to Provide Additional Liquidity to the MarketFreddie Mac announced a new Reverse REMIC Giant PC security designed to provide an additional dimension of liquidity to the U.S. residential mortgage market and a new investment vehicle for investors. News Releases |
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