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Fannie Mae Opens Mortgage Help Center in Miami

"Fannie Mae announced Monday the opening of a mortgage help center in Miami to help distressed borrowers in South Florida with loans owned by the GSE."

"The Miami facility is the first in a series of local centers that the mortgage financier plans to open across the country. Fannie Mae says the goal is to accelerate the response time for struggling homeowners and improve the company’s resolution of problem loans."

"At the center, borrowers will meet directly with housing advisors to discuss their mortgage situation. Fannie Mae says these face-to-face meetings will help borrowers better understand the entire range of foreclosure prevention options and work closely with servicers to ensure a prompt response."

A good read. Here is the entire article from DS News.