Fannie Mae, Freddie Mac Prod Banks on Short-Sale Reviews
Apr 18th 2012 11:15AM
By Jon Prior Fannie Mae and Freddie Mac will require mortgage servicers to make decisions on short sales under new timelines beginning this June. Servicers must review and respond to a borrower within 30 days of receiving all documentation. According to guidance released Tuesday, the servicer can take up to 60 days on a... Continue Reading »



