Tagged: freddie mac

Military Families get a reprieve from forced default when receiving PCS orders 0

Military Families get a reprieve from forced default when receiving PCS orders

I am so happy to read this news. It has been terrible that these Government Sponsored Entities (GSE) have forced homeowners in the past into default before they’d consider a short sale, and many of those forced defaults turned into unnecessary foreclosures when the GSE wouldn’t accept the short sale...

Fantastic news!!! Fannie Mae and Freddie Mac are FINALLY going to shorten their short sale process review! 0

Fantastic news!!! Fannie Mae and Freddie Mac are FINALLY going to shorten their short sale process review!

More good news for distressed homeowners who may need to do a short sale can be found at this link. Timelines for those with mortgages held by Fannie and Freddie will get faster answers with a requirement of 30 to 60 days turnaround. If a short sale is countered by...