This is a BIG DEAL!
From Freddie Mac: On November 1, 2012, you can begin approving short sales and deeds in lieu of foreclosure that are completed in accordance with the Guide without obtaining pre-approval from the participating MI companies. With the new delegation agreement, you will experience greater efficiencies in evaluating borrowers for foreclosure alternatives.
Freddie Mac Bulletin Announcement Here.
An added plus to distressed homeowners! Mortgage Insurance Companies have been a big approval blocker for homeowners trying to short sale their home. This is a big plus if your loan is serviced by Freddie Mac!
Call Mike Towers at 661-706-6922 and request a free consultation to see if a short sale or a loan modification is right for you!
I strongly believe that a SHORT SALE is your best possible option if you are dealing with a frustrating mortgage! I have seen it liberate so many people and set them on the path for better home ownership, conquering debt and relieving much of the stress that was in their life! For a FREE consultation to see if a SHORT SALE or a LOAN MODIFICATION is right for you, do not hesitate to CALL ME at 661-706-6922!
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