Flex Archives

GSEs update Flex Modification program, target 20% P&I reduction

May 30, 2024 mpsingh No Comments Real estate Fannie Mae, FHFA, Flex, Freddie Mac, GSEs, Loss Mitigation, Modification, Mortgage Servicing, Program, reduction, target, Update

Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification. The government-sponsored enterprises (GSEs) are now targeting a 20% reduction in principal and interest (P&I) payments to keep borrowers facing permanent financial stress in their homes. “The Enterprises have completed over half a million modifications [...]read moreGSEs update Flex Modification program, target 20% P&I reduction

What is Flex Fuel? The pros and cons of flexible fuel vehicles

April 24, 2024 mpsingh No Comments Auto Cons, Flex, Flexible, Fuel, Pros, vehicles

On the surface, Flex Fuel sounds like a great idea. Certain cars that are designed for it can run on a variety of blends of gasoline and ethanol. OK, we all know gasoline, but what is ethanol then? It is a type of alcohol derived from crops like corn or sugarcane. Ethanol fuel came about [...]read moreWhat is Flex Fuel? The pros and cons of flexible fuel vehicles

What is Flex Fuel, and what do E10, E15 and E85 mean?

April 23, 2024 mpsingh No Comments Auto E10, E15, E85, Flex, Fuel

On the surface, Flex Fuel sounds like a great idea. Certain cars that are designed for it can run on a variety of blends of gasoline and ethanol. OK, we all know gasoline, but what is ethanol then? It is a type of alcohol derived from crops like corn or sugarcane. Ethanol fuel came about [...]read moreWhat is Flex Fuel, and what do E10, E15 and E85 mean?