Tag Archives: FNMA

RU Fannie/Freddie?

So HARP 2.0 has launched, but your loan must be owned by Fannie Mae or Freddie Mac to qualify or even get considered. If you want to avoid a 2 hour phone queue with Citi/Chase/ BofA/ Wells just to ask … Continue reading

Posted in Foreclosures, General, Lending | Tagged , , | 5 Comments

Fannie Mae offers 3.5 percent in closing credits to buyers

Fannie Mae is offering a special offer to buyers of its HomePath® properties (Fannie Mae foreclosures).  Buyers who close on a HomePath® property by June 30th can receive up to 3.5 percent of the sales price to be credited toward … Continue reading

Posted in Foreclosures, News | Tagged , , | 7 Comments

Have you heard of the HVCC?

Fannie Mae’s Home Valuation Code of Conduct (HVCC) went into effect on May 1, 2009.  The original intention of the HVCC was “[t]o help enhance the integrity of the home appraisal process in the mortgage finance industry…in March 2008, Fannie … Continue reading

Posted in Lending, News | Tagged , , , | 3 Comments