Real estate blog entries tagged with fannie mae guidelines by George Souto NMLS# 65149 FHA, CHFA, VA Mortgages Connecticut

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Home : Blogs : George Souto : George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut : Tag "fannie mae guidelines"

fannie mae guidelines: DEED-IN-LIEU FORECLOSURE and Short Sale UPDATES Fannie Mae - 05/15/10 08:39 PM

Fannie Mae has announced a new updated. This time they are revising the waiting period for Deed-in-Lieu of foreclosure and Short Sale on conventional conforming loans effective with applications dated on or after July 1, 2010. Fannie Mae's Automated Underwriting System (DU) will be updated to version 8.1 and implemented during the weekend of June 19, 2010 to include these changes. No changes will be made to bankruptcies or strict foreclosure, so the present guidelines will continue to apply.
Below is a breakdown and time periods for the new changes.

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George Souto NMLS# 65149 FHA, CHFA, VA Mortgages Connecticut

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