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Loan Modification

: Loan Modification & Home Loan News

New rule expedites answers to short sale requests

By Moe Bedard

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People who may be seeking a short sale on their home will find new rules that will require lenders to respond more quickly to their requests. Beginning Aug. 1, the requests on mortgages under Fannie Mae and Freddie Mac would require lenders to respond within 14 days of the request, said Chester Bridger, vice president [...]

Full post as published by Loan Modification & Home Loan News on June 21, 2010 (boomark / email).

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