Short Sales at 3 Year High!

Research shows that Short Sales reached a three-year high in 2012 and will continue to trend positively in 2013. Short Sales are becoming even more popular for Lenders and Servicers because they provide relief from foreclosure and save both time and money. Effective November 1, The Federal Housing Finance Agency (FHFA) for Fannie Mae and Freddie Mac established new guidelines that expedite the Short Sale process for Lenders and Borrowers.

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