Posts Tagged ‘fannie mae’

Freddie & Fannie Cough Up HAFA

Not known for speed, Freddie Mac and Fannie Mae finally released their versions of HAFA (Home Affordable Foreclosure Alternatives) last week.

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The Appraisal: Have a Back-up Plan

All you want to do is get to the closing table!  You spend weeks, months, and marketing time and effort. You suffer short sale negotiation headaches.  You find the perfect deal or a great buyer.  Then, BOOM! The Appraisal tries to sink the boat.  Despite the new Appraisal guidelines, the numbers are still a crap-shoot that can put serious holes in the deal.

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