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guidline changes: Fannie Mae just announced on or after July 1, 2010 - 04/21/10 01:27 PM
Realtors, Fannie Mae just announced that on applications taken on or after July 1, 2010 there are new guidelines with regards to the amount of time that must elapse after a prior preforeclosure sale or deed-in-lieu of foreclosure. Here is a summary: There are exceptions to the waiting periods listed above for extenuating circumstances, but for the most part these are the new guides as of July 1 for Fannie Mae Conventional loans... Don't forget to call me for those "pre-quals." There is still time...If you need to guarantee a closing for this month
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Bill Vourazeris
Crofton,
MD
More about me
Monarch mortgage
Cell Phone: (443) 618-2880
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An up to date look at mortgages and te real estate market. We will tackle and talk about everything from pre-apprvals to shortsales.
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