Fannie's Thumbs-Up for Walk-Away Homeowners

Fannie Mae recently announced a change in policy regarding underwater homeowners who walk away from their mortgages. In this video, Foolish financial analyst Matt Koppenheffer reviews the new policy of not pursuing the delinquent homeowner and just taking the loss. Matt believes that, while this may rile some taxpayers, in the long run, it may be beneficial to the housing market and to neighborhood home values. 

You're invited to check out The Motley Fool's in-depth premium research report on the most-talked-about bank out there. Learn everything you need to know about Bank of America's prospects, including looming risks, future opportunities, and reasons to buy or sell. As an added bonus, you'll receive a full year of FREE updates as key news hits, so don't miss out -- simply click here now to claim your copy today.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2222174, ~/Articles/ArticleHandler.aspx, 9/29/2016 6:39:55 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,143.45 -195.79 -1.07%
S&P 500 2,151.13 -20.24 -0.93%
NASD 5,269.15 -49.39 -0.93%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes