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LA Times Discusses Short Sales as Favorable Alternative to Foreclosure

I was reading this article today in the LA Times about lenders becoming increasingly accepting of the short sale process. It mirrors what we have been saying here in this blog since November – that...

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Freddie Mac Short Sale Fraud: Much Ado About Nothing?

Over the weekend, Freddie Mac published an informational article discussing what it has called, “Short Payoff Fraud”. This article tipped off quite a bit of anxiety among investors and agents. Many are...

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Fannie Mae and Freddie Mac REO Inventory Growing, Signals Problems

More housing news about Freddie and Fannie this time. The interesting thing about this is that they obviously are not pushing short sales as hard as they should be, maybe some of those short sale...

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Fannie Mae and Freddie Mac Short Sale changes

Fannie Mae and Freddie Mac announced changes to their servicing requirements for all their short sales.  The following guidelines must be followed in order to comply with the rules. The buyer is...

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