REALTORS READ NOW | Fannie Mae and Freddie Mac Foreclosure Freeze| How to List REOs | Realtor REO Coaching and Training

Education & Training with Tim & Julie Harris® Real Estate Coaching

This is something urgent that you will want to read immediately....

Effective next week Fannie and Freddie and freezing all foreclosures. In other words, no family will lose their home that is owned by the FHA over the holidays.

Expect to see more foreclosure moratoriums…typically for 90 days. Don't be surprised if the new President calls for a National 90 Day Mortgage moratorium.

Will this do anything positive to help the real estate markets?

California tried this didn’t have any sort of significant effect. Expect to see a massive number of foreclosures hit the market after this artificial reprise….GO HERE NOW TO READ THE WHOLE STORY IN DETAIL.


Posted by
  Tim and Julie Harris® Real Estate Coaching  

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
ActiveRain Community
RE/MAX Active Rain Bloggers
Everything California
Short Sale REALTORS®
realtor coaching
fha foreclosure
how to list reos
realtor reo coaching and training
fannie mae and freddie mac foreclosure freeze

Spam prevention
Show All Comments
Justin Ukaoma
Vizion KC - Kansas City, MO
Kansas City Real Estate Investments

As an investment company which primarily buys foreclosures this could potential hurt our business.  I've been hearing about this and will continue to watch the situation closely thanks for the heads up.

Nov 20, 2008 09:55 AM #1
Maggie Baumbach
Search Homes for Sale in Maryland at - Reisterstown, MD

Wow unintened consequences can be rough. As momma used to say, the road to a really hot place is paved with good intentions.

Nov 20, 2008 01:05 PM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Tim and Julie Harris

Ask me a question
Spam prevention

Additional Information