Would you think that they would let the homeowner’s get off easily for that long? Well it seems that Fannie is back at it again. This time at Bank of America with a whole slue of new hoops for the very tax payers keeping their doors open. In this case it seems their latest attempt to make it difficult for struggling homeowners they have instated a new HAFA qualification process that could delay the process even further by having many homeowners who had previously opted into the HAFA program to have to call back the lender to opt in again. Well in essence that sounds pretty harmless but besides the lender requesting for you to call back in and answer possibly the same questions that you answer before there is a new auditing process that the then trigger in which the homeowner has to wait now for a call back from the Fannie Mae Auditing Department at Bank of America in order to go through another gauntlet of questions before they are allowed to go ahead with the government provided help in the HAFA Program.

For not biting the hand that feeds you I am surprised that any of us tax payers still have our fingers left. FNMA continues to change its guidelines and in a line of business where the rules change every day stay tuned to MLReport.com for your latest news.

Absolute Consultant Group

MLReport.com started in the Loss Mitigation industry in early 2000's. We worked for the one of the largest loan servicers in the US in their loss mitigation/foreclosure department. Speaking with approximately a work flow of several thousand cases a month and several years of experience they created an organization dedicated to helping homeowners. Our Goal here is to increase the accuracy and awareness of loss mitigation information found on the internet while creating a forum for homeowners and professionals alike to find the information on up to date mortgage servicer/lender guidelines. — MLReport Management Have a question? Call us 888-934-3444

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