Tuesday, January 18, 2011

OAR eWeekly News Summary for Week of Jan. 17-New Short Sale Guideline

The Home Affordable Foreclosure Alternatives Program have put into effect a new guideline on Short Sale Mortgages. This does not change mortgages owned or guaranteed by Fannie Mae, Freddie Mac, or insured or guaranteed by a federal agency such as the FHA. However, at least its a start, right? This shows that some big time people are actually thinking of ways to help the Short Sale and Foreclosure crisis. Now lets keep these helpful new rules and guidelines coming! Please?

Click the link below to read the whole article and other updates.
OAR eWeekly News Summary for Week of Jan. 17

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