Types of Short Sales—Part Three: FHA

In the first two parts of this series of articles, we discussed the short sale programs offered by HAFA (Home Affordable Foreclosure Alternatives), Fannie Mae (Federal National Mortgage Association; FNMA) and Freddie Mac (Federal Home Loan Mortgage Corp; FHLMC). 

By |2020-08-29T15:18:05+00:00May 2nd, 2016|Debt Collection, Default Mortgage Services, Real Estate|Comments Off on Types of Short Sales—Part Three: FHA

Types of Short Sales—Part Two: Freddie Mac and Fannie Mae

In our last articlewe discussed the different types of short sales available and some of the details of the HAFA short sale program, in particular. In this article, we discuss some of the requirements and provisions of the Fannie Mae and Freddie Mac short sales.

By |2020-08-29T15:18:37+00:00April 14th, 2016|Debt Collection, Real Estate|Comments Off on Types of Short Sales—Part Two: Freddie Mac and Fannie Mae

Foreclosure Actions – How Accelerating the Mortgage Affects the SOL

My previous article regarding New York's Statute of Limitations (CPLR 213) described how New York provides an affirmative defense to actions based upon contractual obligations that accrued more than six (6) years ago.

By |2023-05-25T05:43:56+00:00February 25th, 2016|Foreclosure|Comments Off on Foreclosure Actions – How Accelerating the Mortgage Affects the SOL
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