• Home
  • About Me
    • About Me
    • Testimonials
  • My Listings
  • My Sales
  • Search for Homes
  • Resources
    • Maryland
    • Pennsylvania
  • Buyers and Sellers
    • Why Use a Realtor
    • Buyers
    • Sellers
    • Market Reports
  • Contact Me
Gina Baum

GET EXPLOSIVE RESULTS WITH GINA (DA) BAUM

You are here: Home / Uncategorized / Fannie Mae and Freddie Mac accelerating short sales

Fannie Mae and Freddie Mac accelerating short sales

April 19, 2012 by GinaBaum

Loan servicers must make decision in 30 days — unless they need 60.
Fannie Mae and Freddie Mac will require loan servicers who need more than 30 days to make a decision on a short-sale offer to provide weekly status updates and give a thumbs-up or thumbs-down no later than 60 days after receiving an offer.
The new short-sale timelines, announced this week by Fannie and Freddie’s regulator, the Federal Housing Finance Agency, take effect in June as the first step in a broader effort to “develop enhanced and aligned strategies for facilitating short sales, deeds-in-lieu and deeds-for-lease in order to help more homeowners avoid foreclosure.”

Read more

Related

Filed Under: Uncategorized

Contact Info


Gina Baum, ABR®, e-PRO®
14625 Mt. Airy Rd #106
Shrewsbury, PA 17361
C: 443-253-8322
O: 717-235-6911
E: [email protected]

Other Links

  • Mortgage Calculator
  • Home Valuation
  • Account Login
  • Account Signup

Gina Baum

Gina is a native of Timonium, Maryland and has resided for over a decade in Stewartstown Station in Stewartstown, Pennsylvania.

Social

  • Facebook
  • LinkedIn
  • Twitter

Office Location

Whether you are purchasing or selling your home, Gina will do her best to make the process a pleasant experience for the whole family from start to finish and beyond.

Gina Baum, ABR®, e-PRO®
14625 Mt. Airy Rd. #106
Shrewsbury, PA 17361 See Location

Powered by imFORZA