government bailout money: Fannie Mae Tells Short Sale Sellers to Stop Making Mortgage Payments - 08/19/09 01:30 AM
I can't believe that Fannie Mae, operating under government conservator-ship,  is telling short sale sellers to go into default. The U.S. Department of Treasury is giving Fannie Mae up to $200 billion dollars to bail it out. Yet, what we have here is the government telling short sale sellers to stop making their mortgage payments.Fannie Mae is now rejecting short sales for sellers who are current on their payments. Flat out rejecting them. Which means sellers who hope to get short sale approval from Fannie Mae must stop making their mortgage payments. This sounds so bizarre to me. But it's happening … (26 comments)

 
Elizabeth Weintraub Sacramento Broker, Put 40 years of experience to work for you (Elizabeth Anne Weintraub, Broker)

Elizabeth Weintraub Sacramento Broker

Put 40 years of experience to work for you

Sacramento, CA

More about me…

Elizabeth Anne Weintraub, Broker

Address: 3620 Fair Oaks Blvd, Sacramento, CA, 95864

Office: (916) 233-6759

Mobile: (916) 233-6759

Broker-Associate at RE/MAX Gold, Midtown and Sierra Oaks Sacramento office. Co-partner Weintraub & Wallace Realtors. Selling since 1974. Homebuying expert at The Balance. Weintraub & Wallace sells homes from Galt to Lincoln.
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Author Bio: Elizabeth Weintraub is a Sacramento real estate broker, author, home buying expert for The Balance, a Land Park resident, who specializes not only in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento but sells extensively from Elk Grove to Lincoln. Weintraub is prominently known as the #1 Sacramento Short Sale agent throughout the Sacramento four-county area. Call Elizabeth Weintraub at 916.233.6759. Put 40+ years of real estate experience to work for you.



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