Fannie Mae loan software can’t tell the difference between short sale, foreclosure

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Sep. 26, 2013

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Homeowners who’ve been through foreclosure generally can’t get a mortgage for seven years if they’re going through a lender who’s planning to sell the loan to Fannie Mae. A short sale will only disqualify them for two. But Fannie Mae’s ...

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