Short Sales Gaining on Foreclosures Marshall Carrasco Short Sale Expert in Reno, NV
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Marshall Carrasco Reno's #1 Short Sell Expert www.renohelp.org. The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to develop strategies to speed up the short sales process in order to help more homeowners avoid foreclosure.
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Short Sales Gaining on Foreclosures Marshall Carrasco Short Sale Expert in Reno, NV
- 1. Short Sales Gaining On Foreclosures Call : 775-525-1205 www.renohelp.org
- 2. 1. New rules may speed short sales Fannie Mae and Freddie Mac will require loan servicers to respond within 30 days to most requests. Call : 775-525-1205 www.renohelp.org
- 3. 2. Short sales gaining on foreclosures The FHFA, which regulates the two enterprises, said mortgage servicers will have to respond to a short sale offer within 30 calendar days of an offer, and if it's under review longer than that, weekly updates must be provided. Call : 775-525-1205 www.renohelp.org
- 4. 3. New federal rules could speed up short-sale process Homeowners can expect a response from their bank on a short-sale offer within 30 business days, with a final decision taking no more than 60 days, if their loan is owned by Fannie Mae or Freddie Mac. Call : 775-525-1205 www.renohelp.org
- 5. 4. How new short sale rules can help you New rules intended to make the short sale process faster and easier. Call : 775-525-1205 www.renohelp.org
- 6. 5. New rules will speed up short sales The Federal Housing Finance Agency laid out new rules aimed at speeding up the short sale process, a move that could keep many homes from falling into foreclosure. Call : 775-525-1205 www.renohelp.org
- 7. 6. Freddie and Fannie tell banks to speed up short sales Federal Housing Finance Agency has instructed Fannie Mae and Freddie Mac to impose new guidelines which should accelerate short sale decisions. Call : 775-525-1205 www.renohelp.org
- 8. 7. Soon, those short sales won't take quite so long Fannie Mae and Freddie Mac want lenders to act within 30 days of getting a short sale offer. Call : 775-525-1205 www.renohelp.org
- 9. 8. Feds hope new timeline rules speed up short sales Starting in June, when you want to do a short sale to shed mortgage debt and avoid foreclosure, you may not have to wait for months to hear back from your bank when you submit an offer from a potential purchaser. Call : 775-525-1205 www.renohelp.org
- 10. Contact MARSHALL CARRASCO Twitter Facebook LinkedIn Email 9740 S. McCarran Blvd #103, Reno, NV 89523 Call Us : 775-525-1205 www.renohelp.org