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Fannie Mae: As if it wasn’t already tough enough you better have a game plan!

Fannie Mae: As if it wasn’t already tough enough you better have a game plan!

Recently GSE Fannie Mae rolled out new guidelines guiding the servicers on how to manage its portfolio. Stating that it wants its borrowers, if they are in an active foreclosure and if they have a sale date within 14 days, the only acceptable remedy to stop...
BAC Loan Servicing LP (Bank of America): Deficiencies… Now its on you!

BAC Loan Servicing LP (Bank of America): Deficiencies… Now its on you!

Image via Wikipedia Foreclosure deficiencies are one thing… those are usually depending greatly on the type of loan you had prior to the home going to foreclosure but these days there are new laws waiting to be rewritten on the banks ability to pursue you have a...