Fannie Mae to Penalize Homeowners Who Walk Away From Their Homes

Fannie Mae to Penalize Homeowners Who Walk Away From Their Homes

Now more than ever, homeowners need to work with Agents and lenders when contemplating a default on their mortgage. On Wednesday, Fannie Mae announced policy changes that will encourage more homeowners to pursue alternatives to foreclosure. Borrowers in default who decide to walk away but have the capacity to pay or didn’t complete a workout [...]

Jul 20, 2010 | 1 comment | View Post
Rescue Me? The Forgotten Victims of Foreclosure

Rescue Me? The Forgotten Victims of Foreclosure

Rescue me?   OK. I’m an animal lover. No, I’m not a card carrying member of the often fanatical PETA group, but an animal lover nonetheless. Particularly dogs – and especially Labs and Golden Retrievers. I’ve had pets all my life. I can’t ever remember not having a dog. Our last Yellow Lab – before our current Golden [...]

May 29, 2009 | 1 comment | View Post

Short Sale Tips By PreForeclosureGrind

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Will FANNIE MAE accept a short sale loss of $125K or greater?

Posted by Bob Lachance in Featured Articles, Investment, Preforeclosure, Real Estate, Short Sales on 01 4th, 2011
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