Search Results for: short sale
Fannie Mae Announces Expansion of HomePath for Short Sales Website
New Functionality Allows Agents to Communicate Directly with Fannie Mae Earlier in the Short Sales Process Keosha Burns 202-752-7840 Courtesy of Fannie Mae WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced the expansion of the HomePath® for Short Sales website, a communication tool created to help real estate professionals efficiently complete short sales and resolve […]
Do Short Sales Have A Stigma in the Phoenix Real Estate Market?
Currently, home buyers in the Phoenix market are more likely to purchase a traditional sale because over 96 percent of homes for sale are traditional sales. A recent article on Bankrate.com discussed the “stigma” that exists for short sales. This article was based on the Boca Raton, Florida housing market. The article stated: “Homes listed […]
Fannie Mae’s New Short Sale Tool
https://blog.aaronline.com/2013/06/06/fannie-maes-new-short-sale-tool/
Earlier this week, Fannie Mae (FNMA) introduced a new tool that will assist real estate professionals in streamlining the short sale process. Listing agents are encouraged to register accepted short sale offers with Fannie Mae in an effort to provide greater transparency into the process. This step will also enable Fannie Mae to more proactively […]
Fannie Mae's New Short Sale Tool
https://blog.aaronline.com/2013/06/06/fannie-maes-new-short-sale-tool-2/
Earlier this week, Fannie Mae (FNMA) introduced a new tool that will assist real estate professionals in streamlining the short sale process. Listing agents are encouraged to register accepted short sale offers with Fannie Mae in an effort to provide greater transparency into the process. This step will also enable Fannie Mae to more proactively […]
Short Sales Replacing Modifications As “The New Norm”
https://blog.aaronline.com/2013/05/29/short-sales-replacing-modifications-as-the-new-norm/
In a recent article, Fitch Ratings reported loan modifications are declining, while short sales are on the rise. According to the organization’s statistical information, the number of resolutions in the loan modification category decreased to 26 percent in the last half of 2012, down from 57 percent in the first half of 2010. Fitch Rating’s […]
Short Sales Replacing Modifications As "The New Norm"
https://blog.aaronline.com/2013/05/29/short-sales-replacing-modifications-as-the-new-norm-2/
In a recent article, Fitch Ratings reported loan modifications are declining, while short sales are on the rise. According to the organization’s statistical information, the number of resolutions in the loan modification category decreased to 26 percent in the last half of 2012, down from 57 percent in the first half of 2010. Fitch Rating’s […]
Are You Protected Against Short Sale Claims?
https://blog.aaronline.com/2013/03/18/are-you-protected-against-short-sale-claims/
Short sales are over, right? Well, not so fast. A March 7, report from the Phoenix Business Journal stated: “short sales in the Phoenix area surged by 43 percent during the last quarter of 2012 versus the same period in 2011.” Consequently, short sales remain an important part of our market, yet they expose real […]
Fair Housing Finance Agency To Take A Closer Look at Short Sales
On January 8, several members of AAR staff participated in a phone call with representatives from the Fair Housing Finance Agency (“FHFA”) to discuss nationwide difficulties experienced with Fannie Mae property valuations in conjunction with distressed property sales. Joining on the call were representatives from the National Association of REALTORS®, as well as representatives from […]
What’s New In Short Sales Today?
https://blog.aaronline.com/2012/11/01/whats-new-in-short-sales-today/
On August 27, AAR published a Federal Housing Finance Agency (FHFA) announcement informing members of new short sale processing guidelines which would become effective November 1. The article, FHFA Announces New Standard Short Sale Guidelines for Fannie Mae and Freddie Mac linked to FHFA’s news release describing the program and effective date. The new “Standard […]
What's New In Short Sales Today?
https://blog.aaronline.com/2012/11/01/whats-new-in-short-sales-today-2/
On August 27, AAR published a Federal Housing Finance Agency (FHFA) announcement informing members of new short sale processing guidelines which would become effective November 1. The article, FHFA Announces New Standard Short Sale Guidelines for Fannie Mae and Freddie Mac linked to FHFA’s news release describing the program and effective date. The new “Standard […]