All Posts Tagged Tag: ‘Freddie Mac’

The Fix is In! SFR 2012-1 US West LLC


Why is Fannie Mae Buying their Own Properties? If you are an investor who buys properties at auction this will no doubt piss you off! It seams Fannie Mae is now your competition and you better start reaching deeper into your pockets. A mystery buyer is quietly buying up Fannie Maes properties. SFR 2012-1 US West LLC, located at 135 N. …

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Is the Housing Recovery for Real in Daytona Beach, Florida


Is supply Raising Demand? For months, I have mentioned in passing the potential impact the so-called “shadow” inventory might have on the housing recovery and residential investors in general. While everyone knew this inventory, comprised of homes with loans more than 90 days past due that have not been foreclosed and upon and are not on the market, existed, it …

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Short Sale Valuations Impact Housing Market in Daytona Beach, Florida


New Policies from the GSE’s Speed up Short Sales in Daytona Beach, Florida Both Fannie Mae and Freddie Mac have implemented policies to expedite the short sales process, including new resources to help determine property values, according to panelists at a property valuation forum during the Realtors Midyear Legislative Meetings &Trade Expo here.   Short sales continue to represent a …

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Can Fannie Mae or Freddie Mac Buy Your Loan?


Ask the Consumer Financial Protection Bureau! In January, the Consumer Financial Protection Bureau (CFPB) issued a final rule implementing the “ability to repay” provisions of Dodd-Frank, including certain protections from liability for loans that meet the criteria of a qualified mortgage as outlined in the rule.Beginning January 10, 2014, Fannie Mae and Freddie Mac will no longer purchase a loan that …

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Freddie Mac Fails Taxpayers and Homeowners…Again


Foreclosures in Daytona Beach, Florida Office of the Inspectors General  The OIG recommends that FHFA ensure that Freddie Mac requires it’s service rs to report, timely resolve, and accurately categorize escalated cases; second, that FHFA ensure that Freddie Mac enhances it’s oversight of it’s servicers through testing servicer performance and establishing fines for noncompliance; and third that FHFA improve it’s …

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40% of Daytona Beach, Florida Housing Still Under Water!

FL Foreclosure

Distressed Property Coalition Weekly Update: “The Publication of Record for Distressed Property Professionals” Weekly Update: March 11th, 2013 Turning the Page on Fannie and Freddie Last week at the National Association for Business Economics convention, acting FHFA Director Edward J. DeMarco delivered the most important speech on the housing market since the crisis. DeMarco began with a sobering assessment of …

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Be Prepared: New Fannie and Freddie Guidelines Are Here

Cardhouse Postcard

  In June 2012, Fannie Mae and Freddie Mac, at the direction of their parent, the Federal Housing Finance Agency, implemented new guidelines designed to streamline and accelerate the short sale process. And most industry observers expect this will create a significant upward spike in short sales. The guidelines initially focus on two of the major complaints about short sales: …

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