SellingNorthernNV

Quality Real Estate News and Market Data

Lowest Default Rates in Decades

Josh Talayka | March 16, 2011

According to Fannie Mae and Freddie Mac; mortgage loans that were originated in 2009 are some of the most secure and best performing loans that we’ve seen over the last several decades.

Freddie Mac: Home Affordable Foreclosure Alternatives (HAFA) Program

Josh Talayka | February 19, 2011

When the HAFA program became effective on April 5, 2010 for most lender, mortgage giants Fannie Mae and Freddie Mac announced that they would eventually be participating in the program, but only when they have put into place their own alternative guidelines for the program.

On June 1, 2010, Freddie Mac released their HAFA guidelines.

Freddie Mac confirms its Short Sales Commission Policy

Josh Talayka | December 3, 2009

Freddie Mac confirmed that its servicers are not allowed to renegotiate short sales commissions in writing on August 20, 2009