Naughty And Nice

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At 2pm eastern, the Federal Housing Finance Agency is expected to announce a plethora of mortgage gifts to homeowners with Fannie Mae and Freddie Mac loans. This year, gifts will follow the increasingly popular "Reverse Santa" list (not to be confused with the "Double Lehman" formula) which provides relief in the form of federally mandated mortgage price fixing for those who have been caught on the Naughty Debtor list.
Don't worry. Be happy.
Fannie, Freddie Work on Mass Loan Modification Plan [The Wall Street Journal]

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