COMMITTED: Freddie Mac aims for 75% reduction in short-sale timelines

HousingWire Content on ‘Tracy Mooney’ Freddie Mac adjusted procedures for dealing with insurance proceeds for borrowers impacted by Hurricane Sandy.The GSE changed its process for helping.

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac are issuing new, clear guidelines to their mortgage servicers that will align and consolidate existing short sales programs into one standard short sale program.

Short Sale Negotiating Made Easy! – blogspot.com – COMMITTED: Freddie Mac aims for 75% reduction in short-sale timelines. Freddie Mac EVP Tracy Mooney put up a blog today, titled The Shorter Short Sale. In it, she outlines steps the government-sponsored enterprise is taking to streamline short sales.

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UBS U.S. Allocation Fund – 75. Table of contents. The fund and its investment policies. Reduced sales charges, additional purchase, exchange and redemption.. 2008, due to the value of Freddie Mac's and Fannie Mae's securities falling sharply.. The fund might make a short sale “against the box” to hedge against market risks.

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Freddie Mac Standard Short Sales and Freddie Mac Standard Deeds-in-Lieu of Foreclosure, and includes information on the following: What type of assets are considered cash reserves. When You Must Submit the Short Sale Request to Freddie Mac for Review

Existing-home sales plummet 15.3% in May CoreLogic: Nearly 1 million houses float back into positive equity Real estate investor gets 7 years in $15M mortgage fraud scheme A real estate developer in Miami is facing hard time after defrauding investors out of $64-million in a mortgage fraud scheme, according to the U.S. Attorney’s Office for the Southern district.corelogic (nyse: clgx), a leading global property information, analytics and data-enabled solutions provider, today released the Home Equity Report for the first quarter of 2018, which shows that U.S. homeowners with mortgages (which account for roughly 63 percent of all properties) have seen their equity increase 13.3 percent year over year, representing a gain of $1.01 trillion since the.Compared to June 2008, however, new home sales fell 21 percent. Yes, the rate of plummet is slowing. In recent months, existing home sales, home construction, and building permit levels have all.CoreLogic: Nearly 1 million houses float back into positive equity Negative equity decreased 21 percent year over year from 3.1 million homes – or 6.1 percent of all mortgaged properties – in the first quarter of 2017. "Home-price growth has accelerated in recent months, helping to build home-equity wealth and lift underwater homeowners back into positive equity the primary driver of home equity wealth.

Getting a Conventional Loan After a Short Sale. You can get a new conventional mortgage backed by Fannie Mae or Freddie Mac after a short sale, as long as they meet the agency’s specific requirements. For Freddie Mac loans, the mortgage must be for a primary residence with a maximum loan-to-value of 90%.

goals with which home ownership is so often associated.5. McCoy, Turning a Blind Eye: Wall Street Finance of Predatory Lending, 75 Fordham L. Rev. Chief Executive Officer, Freddie Mac); U.S. Senate Banking Comm., Homeownership. would not fully cover the loan, a lender could agree to a ” short sale” and to.

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Freddie Mac does not offer the Freddie Mac Standard Short Sale directly. Your freddie mac servicer will work with you to determine your eligibility. The Freddie Mac Standard Short Sale should not impact you if you are already working with your Freddie Mac Servicer on an existing short sale or other Freddie Mac alternative to foreclosure.