bankruptcy policy changes: Fannie Mae Amends Bankruptcy and Foreclosure Guidelines! - Part 1 of 2 - 08/07/08 03:18 PM
New Page 1 Good evening,
Following is a chart based on Fannie Mae's new bankruptcy and foreclosure policies as of 08-2008.  I will follow this up (in the next week or so) with part 2 of 2 which will contain a revised chart with the remaining policy changes. 
The following table outlines Fannie Mae's current and new policies for manually underwritten loans related to the time period that must elapse before borrowers can demonstrate they have reestablished an acceptable credit history after the occurrence of the bankruptcy or foreclosure.  The table also includes new "Additional requirements" that apply to foreclosures.
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Aaron Reno, VP of Development (Augusta Financial, Inc.)

Aaron Reno

VP of Development

Santa Clarita, CA

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Augusta Financial, Inc.

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