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Daily Archives: October 21, 2014

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Fannie Mae Relaxes Waiting Period for Distressed Borrowers

Real Estate InvestingBy adminOctober 21, 2014Leave a comment

[facebook] [retweet] Fannie Mae recently released a report revising the waiting periods for distressed borrowers with a derogatory credit event such as a foreclosure, bankruptcy, short sale, or deed-in-lieu of foreclosure on their credit history to obtain a new loan. For borrowers with a short sale or deed-in-lieu of foreclosure on their record, Fannie Mae’s…

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