From David's @BeachCitiesRealEstate Page on FB

Friday, January 8, 2010

Fannie Mae expedites REO sales | Inman News

Hoping to speed the disposition of foreclosed real estate from its portfolios, the Federal National Mortgage Association (Fannie Mae) has announced streamlined sale approval policies.  FNMA carries around 75,000 homes on its books at present; FHLMC has around 40,000. - David

Fannie Mae expedites REO sales | Real Estate and Technology News for Agents, Brokers and Investors | Inman News

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1 comment:

Jeff Green said...

Good update on REO.
Thanks for the post.