Speed Up Short Sales, FHFA Directs Servicers

Speed Up Short Sales, FHFA Directs Servicers Daily Real Estate News | Wednesday, April 18, 2012    The Federal Housing Finance Agency announced a new policy to speed up the process that mortgage servicers use to handle short sales, deeds-in-lieu, and deeds-for-lease for mortgages that are backed by Fannie Mae and Freddie Mac. The FHFA, the [...]

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5 Myths of Becoming a Homeowner after a Foreclosure/Short Sale/Bankruptcy

5 Myths of Becoming a Homeowner after a Foreclosure/Short Sale/Bankruptcy By Janice Wescott Senior Mortgage Banker Reliant Mortgage Company Myth #1 – I HAVE TO WAIT 7 YEARS BEFORE I CAN GET A LOAN You do not have to wait 7 years to qualify for a mortgage after going through a mortgage delinquency and/or a [...]

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6 Tips for Buying a Home in a Short Sale

6 Tips for Buying a Home in a Short Sale Published: Houselogix.com March 19, 2010 By: G. M. Filisko By preparing for a real estate short sale, you can emerge with a great home  at a favorable price. Short sales can be lengthy and difficult, but if you know what you’re doing,  you can end [...]

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