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mortgage loan lenders Freddie Mac and Fannie Mae reported that they will charge mortgage loan lenders with increased risk fees. Actually, the mortgage insurance houses charge lenders more for buying the loans and selling them to investors. Besides, these increased charging for getting loans can be transfered to the borrowers.

The federal mortgage modification program was targeted for criticism as a failed program as the procedural issues are hampering the foreclosure process nationwide, while foreclosures on defaulted mortgage loans declined.

A US bankruptcy judge performed the order that is aimed to protect mortgage loan documents from being damaged. The judge consider that these documents can become the evidence and thus they should be protected.

The moratorium for those homeowners who obtained home loans through Freddie Mac and Fannie Mae will be held from December 19 to January 2.

Consumer advocates and bankers formed uncommon alliances to fight the rules on loans for home buyers. Risk retention proposals meet opposition.