cash for keys: Fannie Mae Begins a new Pilot Program for Cash for Keys in California. - 05/04/10 02:28 PM
 Fannie Mae has rolled out a new Pilot program with their current Cash For Keys (CFK) program called Cash Up Front Funds. The Pilot program will run for 75 days beginning May 3, 2010 through July 16, 2010. The way the program works is the Real Estate Broker is to inform the occupant of a Fannie foreclosure that 50% of the CFK is available Immediately if they agree to the CFK and need assistance to move from the property. All terms of the agreement must be agreed upon in writing for the occupant to receive any funds.
 Many times Tenants are … (14 comments)