Short Sales: Addressing concerns with Freddie Mac, Fannie Mae, and ...
Posted by ~Ray @ 2007-11-22 10:47:58
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America's domiciliate Rescue is making an effort to cater with Fannie Mae. Freddie Mac and a few of the top lending institutions (i e Wells Fargo. Chase. Washington Mutual. Countrywide etc.) with the primary focus of conveying and educating the lenders on what real estate agent's are experiencing on their end of a short sale transaction. The Fed is placing a lot of compel on the lenders to do what they can to change by reversal what is happening in the market and the lenders are absolutely inundated with bunco sales and many simply can't keep up! FHA/HUD initially introduced and has a system for a pre-foreclosure sale procedure. What would happen if conventional lending institutions had to go one system?
You can help us make a difference!Thank you and we look send to hearing your comments![ADVERTHERE]Related article:
http://www.realestatewebmasters.com/showthread.php?t=18312
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