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public funds growing with fannie mae reo properties: Public funds growing with Fannie Mae REO properties - 11/08/09 01:31 PM
Use of Public Funds is Growing Quickly
Fannie Mae has closed several hundred Neighborhood Stabilization Program (NSP) - related transactions in recent months. As use of funds from this program continue to grow, it is important that you and your teams are well versed in how to work with buyers using NSP or other public funds.
 
Fannie Mae supports initiatives like HUD's NSP program as part of our commitment to manage disposition of our REO properties, align with our corporate mission and aid the stabilization of communities. To ensure these transactions are consistent and transparent, here is a quick reminder of what's involved:
 
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Brandon Jordan

Crestview, FL

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Coldwell Banker United Realtors

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