Tag Archives: short

Fannie Targeted for Pitfalls in Short Sales

The Office of Inspector General is recommending more oversight of Fannie Mae’s short-sale approvals after discovering flaws in the mortgage giant’s process. OIG says in a...

7 Great Markets for Short Sales

Properties sold in short sales account for about 22 percent of all residential sales, according RealtyTrac. RealtyTrac recently identified some of the best markets for buying a...

4 Big Short Sales Hang-ups

Short sales are increasing this year, and these transactions can take up to three times longer than a traditional transaction. ...

Short Sales to Get Faster With Fannie, Freddie

The Federal Housing Finance Agency announced Tuesday that it is issuing new guidelines that set out to more quickly qualify borrowers and speed up the short-sale process. Among the new...

Short Sales Start to Outpace Foreclosures

Banks are agreeing to more short sales, and for the first time,  short sale transactions are exceeding foreclosure deals, according to the most recent housing data from Lender...

Short Sales Lose Appeal Among First-time Buyer

Short sale transactions are becoming less popular among first-time home buyers. ...