Tag Archive

Fannie Mae HOMEPATH Short Sale Help Rollout, Good Start, but Shows Lag Already

Published on May 29, 2013 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

I’m proud to say Nick and I were one of the first short sale negotiators in Massachusetts and New Hampshire to use Homepath when Fannie Mae rolled it out.  Fannie Mae even called and interviewed me about my experience http://www.fanniemae.com/portal/about-us/media/corporate-news/2013/5925.html – If you don’t know what Homepath for Short Sales is, it is part of […]

Freddie Mac to Speed Short Sale Process – REALLY?

Published on September 5, 2012 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Do you know what happens when I tell my 8 year old there are consequences to his actions, and then I never follow through?  Yep, you guessed it.  He keeps repeating and repeating the behavior because I haven’t penalized him for it, which is EXACTLY what Freddie Mac and Fannie Mae are doing once again. […]

When the Freddie / Fannie 6% $6000 Short Sale Payout for Second Lien Holders Works Against Them!

Published on May 22, 2012 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

When the Freddie / Fannie 6% $6000 Short Sale Payout for Second Lien Holders Works Against Them! If you’ve negotiated enough short sales in Massachusetts and New Hampshire you’ve seen the Freddie Mac / Fannie Mae stalemate with a second lien holder. They have an interesting philosophy. All second lien holders are capped at 6% […]

New Freddie Mac Short Sale Timeline for Short Sale APPROVALS!

Published on April 24, 2012 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

I guess I’ll believe it when I see it, but Freddie Mac announced April 17, 2012 that they wanted to speed up the short sale proccess. This is always good to hear as a negotiator. We’ve been very lucky with most of our sales. Our average time from submission to approval is 47 days, however, […]

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