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

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:

Loan Modification Program Series 5: Housing Relief effort, Refinancing with Fannie Mae and Freddie Mac

admin | March 16, 2009

Last week Fannie Mae and Freddie Mac announced their requirements to allow home owners (whether owner-occupied, second home, or investor) to refinance their current mortgage as part of Obama’s Massive Housing Relief Efforts.

Buy and Bail

admin | December 17, 2008

Buy and Bail refers to the increasing number of homebuyers providing misleading information about the rental income of their current home which they plan to vacate.