Short Sale Decision Timelines Set by Fannie and Freddie

by Jan Steward on April 18, 2012

Yesterday, in a five-page bulletin, the GSEs issued new guidelines for Fannie Mae- and Freddie Mac-backed loans. As of June 15, 2012, agents working with distressed homeowners should expect to receive a decision on the short sale offer within 30-60 days. Service providers must comply with the new time frames as described in the bulletin.

For more information about the initiation of the time frames, read the DSNews article “Fannie and Freddie Set Timeline Requirements for Short Sales.”


View other short-sale related posts from this blog.

Comments Closed

{ 1 trackback }

AAR Updates – May 2012 | Arizona Association of REALTORS®
November 29, 2012 at 4:35 pm

Comments on this entry are closed.

Previous post:

Next post: