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New Short Sale timelines and HARP Updates

This might speed up the short sale approval process, from Freddie Mac: Communication Time Lines for Short Sales The new requirements introduce specific response time frames for certain activities in the short sale process... Effective for new evaluations conducted on or after June 15, 2012, Servicers must comply with the following minimum communication time frames for all short sales.
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See more about: Freddie Mac

Fannie, Freddie’s new 30 day rule for short sales: realistic?

Real Estate / Real Estate Industry News : Agent Genius (3 years ago)

It was announced weeks ago that Fannie Mae and Freddie Mac had a master plan for speeding up and improving the short sales process, but the new guidelines issued are being criticized by the real estate industry as unrealistic. Get m... Read Post

New Short Sales Guidelines from Fannie and Freddie

Business & Finance / Economics : CalculatedRisk (3 years ago)

I mentioned this announcement two weeks ago - Kathleen Pender at the San Francisco Chronicle has more: New guidelines are a tall order for short sales Fannie Mae and Freddie Mac have issued new guidelines designed to speed up short ... Read Post

Freddie Mac Moves Closer to Share Sale

Business & Finance : DealBook (6 years ago)

Freddie Mac won approval from regulators on Friday to sell the stock needed to overcome mounting losses, following a report in The Wall Street Journal that the mortgage finance company may seek $10 billion in a move to raise capital... Read Post


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