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Fannie Mae: 30 Days or less to a Foreclosure Sale you need at least 25% down for help!

Fannie Mae: 30 Days or less to a Foreclosure Sale you need at least 25% down for help!

Fannie Mae in another attempt to tighten its servicing belt has decided to release new servicing procedures that are only going to make it tougher for those homeowners who find themselves in an already tough position. Starting as of this month they have increased...

IndyMac (OneWestBank): Non-permanent income must be verified for 3 years

IndyMac Mortgage Services, a division of One West Bank FSB, has a policy that has to with all forms of income the could be considered either less than stable or not completely permanent. In order to count for a type of income for a loan modification this income must...

IndyMac now requesting 6 Months of Bank Statements on Investor Mods.

Well as IndyMac doesn’t seem to be doing investor loan modifications unless you know the right people this post, we guess, will really be for those people. As anyone processing or just dealing with the loan modification industry it has changes almost on the...