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Home : Blogs : Mike Linkenauger Short Sale Specialist Network : Short Sale Specialist Network

NEW Freddie Mac Short Sale Guidelines

Here is an email I just received from Freddie Mac regarding their NEW guidelines for short sales, and how they are demanding servicers handle them -

Single-Family Update

Categories in this update:

April 17, 2012

A short sale is a valuable alternative to foreclosure when a home retention option is no longer feasible. As you engage in short sale transactions, it is important that you refer to Single-Family Seller/Servicer Guide (Guide) Bulletin 2012-9. Today's Guide Bulletin clarifies existing requirements and introduces a new uniform set of minimum response time frames for working with struggling homeowners who are eligible for Home Affordable Foreclosure Alternative (HAFA) Short Sales and short sales processed in accordance with Guide Chapter B65, Workout Options.

Servicing

The new requirements leverage communication and response time frames we established under the Servicing Alignment Initiative. To facilitate efficient short sale transactions

Continue to complete post....

Check out our FREE short sale agent networking and resource site, www.TheShortSaleGuide.com

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www.TheShortSaleGuide.com

Copyrighted Content - First Coast Realty Associates 2008-2013 - Please Do not copy!

Posted by Mike Linkenauger Short Sale Specialist Network on 04/18/2012 10:25 AM

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Freddie Mac Short Sales in the ActiveRain Channel

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Mike Linkenauger Short Sale Specialist Network

Jacksonville, FL

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Address: 3030 Powers Ave. #101-2, Jacksonville, FL, 32207

Office Phone: (877) 737-4903

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Short Sale Specialist Network

The Short Sale Specialist Network is a nationwide network of Realtors(R) who specialize in helping home owners avoid a foreclosure by working a short sale. Our organization works with thousands of home owners each month, referring them to preferred partner members of our network.

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