LOS ANGELES (April 18) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds yesterday’s announcement by the Federal Housing Finance Agency (FHFA) to streamline the short sale process to help more homeowners avoid foreclosure. The move calls for Fannie Mae and Freddie Mac to develop enhanced and aligned strategies for facilitating short sales, deeds-in-lieu, and deeds-for-lease. [...]
Posts Tagged ‘california association of realtors’
California REALTORS® commend FHFA, Fannie Mae, Freddie Mac on new short sale policies
Posted: April 30, 2012 in Short SalesTags: california association of realtors, Fannie Mae, Freddie Mac, short sales
Law Against Short Sale Defenciences Expanded
Posted: July 16, 2011 in Short SalesTags: california association of realtors, short sale deficiencies, short sales
Brought to you by California Association of Realtors® In a major victory for REALTORS®, Governor Brown signed into law today a C.A.R.-sponsored bill, Senate Bill 458, prohibiting a deficiency after a short sale for one-to-four residential units, regardless of whether the lender is a senior or junior lienholder. Effective immediately for transactions closing escrow from [...]
