Fannie Mae Freddie Mac

Freddie Mac Short Sale Guidelines

November 9, 2013

The Freddie Mac Short Sale Servicing Guidelines streamline the short sale approval process with the introduction of the Standard Freddie Mac Short Sale.

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Fannie Mae Short Sale Guidelines

February 16, 2013

Fannie Mae Streamlines Short Sale Transactions Fannie Mae announced new short sale guidelines this past August in an effort to streamline short sale transactions. The Fannie Mae short sale guidelines, which went into effect November 1st, are designed to simplify the short sale approval process for all loans owned or guaranteed by Fannie Mae. According to the […]

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Lenders, Servicers Scramble To Shift Foreclosure Cases To New Firms

December 17, 2010

News came out this week that foreclosures fell in November to their lowest levels in the past 18 months ( This seemingly positive data is clearly a result of the foreclosure freeze enacted by most banks following the revelation that lenders improperly handled millions of foreclosure cases. As lenders and loan servicers scramble to correct […]

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Housing Agencies Clash Over Mortgage Relief Program

December 10, 2010

Fannie Mae and Freddie Mac are reluctant to join in the FHA’s new program designed to assist  borrowers whose homes are worth less than they owe on their mortgages largely because US Taxpayers would be on the hook for any losses incurred. Fannie and Freddie have already cost US taxpayers more than $130 billion and has […]

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