Fannie And Freddie Flop On Foreclosures
August 20, 2010 / /
http://kevinandfred.com/power-hour/fannie-mae/ Kevin and Fred revisit the foreclosure problem that Fannie Mae and Freddie Mac are creating.
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About the Authors
Kevin Kauffman & Fred Weaver
Kevin and Fred the founders of Group 46:10. Over the last 10 years Kevin and Fred, and their team have closed tens of millions in real estate all over the country and have created some of the best training for agents in the market. Kevin and Fred are also highly sought after teachers whose work has helped agents all over the country build their own next level real estate business.
Effed up Friday Focusing on Families Facing Effed up F & F Foreclosure is pretty Effing inFormative!
Fhanks Fellas!
lol…Thanks Jim!
I’m very happy to see the signs making a reappearance. They should be getting a lot of exposure considering how much sweat and tears went into them. 🙂 Also, I no longer play words with friends because you both are too obsessed.
I have had this happen to me.. I have had to be a real “pleasantly persistant” which is a better than being a pain in the rear…
I can not believe Fannie and Freddie’s stand on this… It is like they want to own all these homes… Wow!
Hi Kevin and Fred,
Entertaining as always! I need to ask the “stupid question”…how exactly do you escalate directly to Fannie? I have one with Wells, we listed the shortsale, seller current with payments, Fannie said had to be 30 days behind, did that, resubmitted, bank gave us a net, buyer walked, new buyer within a day with an all cash offer at the net, now jumping through hoops and red tape for a no brainer!!!
By the way, I do play – asmithmodesto…..bring it on (that is if you want to play even after the “stupid question”!!
Amanda
Words with friends: RealScottsdale
I just had my first experience with NationStar Bank. 15 days from submission to approval through the MI company and through Fannie Mae.
It’s obviously the servicers who are “effing” up the process, not the investors.