SellingNorthernNV

Keeping you informed on all things real estate

Freddie Mac confirms its Short Sales Commission Policy

admin | December 3, 2009

Freddie Mac confirmed that its servicers are not allowed to renegotiate short sales commissions in writing on August 20, 2009

The Home Valuation Code of Conduct (HVCC)

admin | September 28, 2009

FannieMae and FreddieMac adopted the Home Valuation Code of Conduct (HVCC) in 2008 in order to reinforce, protect, and enhance the overall integrity of an appraiser’s valuation process. This code of conduct became effective on May 1, 2009.

Q&A: Making Home Affordable Program: Refinance

admin | August 21, 2009

The Making Home Affordable program allows eligible homeowners to refinance or modify their loans to a payment that is more affordable. It is broken into two parts; the Home Affordable Refinance, and the Home Affordable Modification. The following are common Questions and Answers on the Making Home Affordable Refinance:

Freddie Mac Single-Family Seller/Servicer Guide Bulletin

admin | June 3, 2009

Freddie Mac released bulleting Number: 2009-5 on March 4, 2009 in support of the federal Making Home Affordable Program. The bulletin included eligibility requirements for the Freddie Mac Relief Refinance Mortgage. The following are key aspects of that Bulleting: