fannie mae: Fannie Allows Realtor/Broker to Go Direct for Negotiation for HomePath
- 05/29/14 05:28 AM
HOT No time for fancy pictures. This just came to me via Mortgage News site at Mortgage News Daily. Realtors and Brokers will soon be able to Go Direct to Fannie to Negotiate Directly for properties offered for sale Under HomePath. Sounds like Great news to me. For a direct link, please Go Here:
Direct to Fannie on HomePath
Thanks for reading. … (5 comments)
fannie mae: How Will this Affect Housing? / Senate Bill Ends Fannie and Freddie
- 03/11/14 09:51 AM
AR Forum The topic of what to do with Fannie Mae and Freddie Mac has been discussed in Congress and the Senate for quite some time now since the financial collapse occurred. Today; however, was the "Day of Reckoning" so to speak, at least in the Senate Banking Committee. Senate Banking Committee Chairman Tim Johnson and Senator Mike Crapo announced a bipartisan draft measure which would formally wind down both agencies with the intent of creating a new agency called the Federal Mortgage Insurance Corp. The formal Bill will be introduced in coming days to the full Senate. Regardless of what … (9 comments)
fannie mae: Fannie Mae Issues New Streamlined Instructions for Short Sales !
- 04/25/12 06:35 AM
Forum Well, let's hope that today's news from Fannie Mae will definitely put a fire under those loan servicers who service Fannie Mae loans, and specifically those involved with Short Sales. The agency announced today new time tables for servicers to respond to Short Sale requests from borrowers attempting to sell their home. If enacted, I'm certain it would bring long needed relief to Realtors who have struggled over the last few years with very prolonged escrows. The new Policies include: Establish maximum required response time for pre-foreclosure sale offers submitted on properties securing loans as described above; Requires servicers to … (0 comments)
fannie mae: Senate Banking Committee Agree on Foreclosure Bill to Stablize Housing Market
- 05/19/08 05:38 PM
The U.S. Senate Banking Committee's panel's chairman, Christopher Dodd, and top Republican Richard Shelby reached an agreement that would help to stem foreclosures. The Bill is intended to stabilize current foreclosures that have helped to create the housing mess that we are facing now. While a final draft is not far away, it will probably take up to early July according to Dodd to get it to the President's desk. The proposal would involve Fannie Mae and Freddie Mac, and could help finance up to $ 300 Billion in refinanced mortgages for struggling borrowers. There has been allot of talk … (0 comments)
fannie mae: Fannie Mae Reinstates 97% Financing in Declining Markets !
- 05/16/08 02:34 PM
l Today, Fannie Mae announced that they were scrapping higher down payment requirements that they adopted late last year in favor of reestablishing former requirements. AP announced late in the day that they had received information in Washington relative to the move. Consumers, lenders, and many other sectors of the real estate industry felt the pain caused by these changes. It is hoped that this move may help to somewhat stabilize the erratic financial and mortgage markets where consumer and bankers were hit hard. Let's hope that this may be a beginning of future changes to finally bring … (3 comments)
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