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foreclosure: How to Buy a Home in Today's Market - 06/29/10 10:58 AM
How to Buy A Home in Today's Market
Buying a home raises a lot of questions. We know because we answer those questions every day. Our goal is to help you get straight answers to your specific questions. To make it easier for you, we've put our experience into this E-book. Click Here to get yours FREE.
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foreclosure: Fannie Mae Changes Rules regarding Obtaining new mortgages after short sale - 04/15/10 02:38 PM
Many people today are considering short sale or deed-in-liew of foreclosure as an option to foreclosure. How does that effect the sellers ability to obtain a mortgage in the future? Today, Fannie Mae announced an immediate change to it's guidelines that could help some buy a new home sooner than in years past.
According to a letter posted yesterday (April, 14, 2010) written by Marianne E. Sullivan, Senior Vice President at Fannie Mae, borrower waiting periods will be shortened if they put more money down on their purchase. This move is in an effort to support overall market stability and reinforce the importance of borrowers working … (2 comments)
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Richard Woodward
Frisco,
TX
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Envoy Mortgage
Address: 17311 Dallas Parkway, Ste 173, Dallas, TX, 75248
Office Phone: (972) 661-5136 x 231
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