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In an unprecedented program, one of the nation’s largest mortgage investors is reaching around its servicers and engaging with Realtors directly in an effort to get more short sales closed. Traditionally, investors are neither seen nor heard in the short sale transaction. Through Fannie’s new Short Sale Assistance Desk, a direct connection between the investor [...]
Special Industry Broadcast Fannie Mae takes major steps to improve the short sale approval process for agents! Thursday, June 23 at 4:00 pm EDT With the recent launch of the Fannie Mae Short Sale Assistance Desk, agents now have a new resource to resolve issues that are slowing down – or stopping – their Fannie [...]
Good news for investors: Fannie Mae recently reported that national vacancy rates for rental properties have steadily declined through 2010. Fannie also predicted an increase in home sales for 2011, and noted that distressed properties accounted for one-third of home sales in Q3 of 2010. Investors have a unique opportunity in today’s market to buy [...]
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