Selling Poinciana One Property at a Time.: NEWSLETTER: Fannie Mae and Freddie Mac Now Dictating MLS Market Time

NEWSLETTER: Fannie Mae and Freddie Mac Now Dictating MLS Market Time


Good morning Superstars,


Here's a sampling of this week's Superstar discussions.


RepliesLatest Activity

My hands are tied

When we initially signed the contract we were told that even though this is a short sale it will NOT take a long time and the process was g…

Started by Tara

6 10 hours ago
Reply by Harry Clay

B OF A shortsale rejecting sellers assist

I did an agreement of sale for a shortsale that is backed by bank of america. The sellers have a FHA loan. State is PA. We put down $12,000…

Started by Mike F

10 21 hours ago
Reply by Jeff Payne

Attorney fee & processing fees on short sales when buyer is purchasing using a VA loan?

Does anyone know how when the buyer is purchasing a short sale with a VA loan an Attorney fee of 800.00 for obtaining the approval(s) &…

Started by Michelle Marina

6 yesterday
Reply by Kevin - Greenville, SC

Short sale approved but they want seller to miss a payment!

We put contract on a short sale through Suntrust in April. Bank approved short sale yesterday under the condition seller misses 1 payment!…

Started by Erica

5 yesterday
Reply by Wayne Brooks

REDC Gross Mismanagement of Bank of America file - Escalation?

I'm a 3rd party negotiator and I've been working on a HAFA short sale since August, 2012, when I jumped in. File is Bank of America being…

Started by Linda Ippolito

24 yesterday
Reply by Ron Scribner

Fannie Mae and Freddie Mac Control MLS Market Time

Fannie Mae and Freddie Mac are now dictating market time. Short sales that are Fannie Mae or Freddie Mac loans must be active in the MLS fo…

Started by Wendy Rulnick




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3 yesterday
Reply by Brett Goldsmith


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Comment balloon 3 commentsBryant Tutas • July 14 2013 03:29AM


Good info here. The wait period on Fannie sales seems reasonable - increased competition and better opportunity for the general public.

Posted by Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC, ... a small office, delivering big service! (Waters Realty of Brevard, LLC) over 4 years ago

Good morning BB, you know these updates of yours are wonderful, thank you. The problem is... I am always angry after I read a few of the different ones. It only goes to show me how irresponsible these lenders are. And I often wonder why they are so regulated up front on a loan but not on the short sale.

Back to work. Thank you for all you do to keep us informed!

(and frustrated, LOL)

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Coldwell Banker Residential Brokerage) over 4 years ago

Wow, that is interesting about Fannie Mae dictating market time. I don't like anyone dictating anything. More creeping communism.

Posted by Lisa Friedman, 28 Years of Real Estate Experience! (Great American Dream Realty) over 4 years ago

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