Great news! The short-sale process is now expected to get shorter! On June 15, Fannie Mae announced that it is now instructing servicers to speed up short sale transactions and enhance communication while reviewing short sale applications. This is part of the Federal Housing Finance Agency’ Servicing Alignment Initiative to complement the servicing and loss mitigation standards of Fannie Mae and Freddie Mac...continue reading
The Jordon Wheeler Group - Fairburn, GA
J W Group Real Estate Sales and Service
Hi Dana,
Sounds like good news for everyone involved with Short Sales. Best of success to you this year!
Jun 28, 2012 04:09 PM
Retired - Kirkland, WA
Phil Leng - Retired
Hi Dana,
After 6 years banks and GSEs are finally starting to catch on.
Good news indeed!
Phil
Jun 28, 2012 05:43 PM
Comments(2)