Fannie Mae is going to beging giving fines to lenders who do not comply with their established timelines for completing a foreclosure. In a report to investors, Fannie Mae stated that vacant properties not currently listed "represent a shadow inventory putting downward pressure on both home prices and rents."
If you are behind in your mortgage payments, you have options...but you need to act quickly. Over 2 million homeowners were in foreclosure in July. Give me a call (360-977-8329) and we can talk about your options.
Read the full article here.
No comments:
Post a Comment