Because regulations change daily in our industry, it's critical that we share updates and insights with referral partners.
As you may know, Freddie Mac and Fannie Mae recently announced
changes to the short sale process. Beginning in June, servicers will be
required to make decisions on short sales under new timelines.
Additionally, if these timelines cannot be met, there are requirements
on keeping borrowers updated on the process.
The Mortgage Firm,
Inc. and I appreciate our partnership and thank you for doing business
with us. If you want to discuss in more detail about this change and its
impact, or if there are any opportunities to do business together
today, please contact me by phone at 561-336-3258 or email
suzanne@themortgagefirm.com. |
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