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- #FANNIE MAE FORECLOSURES DONATION TO GOVERNMENT FULL#
- #FANNIE MAE FORECLOSURES DONATION TO GOVERNMENT FREE#
- #FANNIE MAE FORECLOSURES DONATION TO GOVERNMENT MAC#
From the research I have done it appears that there are 2 promary ways to get business until referrals start kicking in.
#FANNIE MAE FORECLOSURES DONATION TO GOVERNMENT FULL#
I have tried large full color postcards (5.5 x 11) to homeowners in default (I sent 251 to be exact) and received zero response. Therefore, I am new to the Middle TN market. I moved to Middle Tennessee in September 2008, but did not decide to get licensed here until July 2009. I am actually in the same type of position that you described. Jim is also a Murfreesboro and Nashville Cash House Buyer who solves real estate problems by buying houses, townhouses, townhomes, condos and multifamily properties AS IS for cash and closing quickly. Jim Encourages You to See What His Clients Say About Him. Avoid Foreclosure by Working Directly with a Nashville Tennessee Real Estate Specialist and Investor who is Uniquely Skilled, Honest, Compassionate, Caring and Exceptionally responsive to the needs of his clients. Jim Helps Sellers Stop Bank and Mortgage Foreclosure with a Short Sale, or a Fast Cash Offer.
#FANNIE MAE FORECLOSURES DONATION TO GOVERNMENT FREE#
Jim's Help is Free to Nashville TN Short Sale Sellers. Jim Specializes in Short Sales and Foreclosures and Providing Sellers Short Sale Help and Foreclosure Help. Juliet (Mount Juliet), Gallatin, Hermitage, Hendersonville and Middle Tennessee (Davidson, Maury, Rutherford, Sumner, Williamson and Wilson Counties). Jim McCormack is a Nashville Real Estate Broker who Stops Foreclosure and Saves Homeowners' Credit via Short Sales in Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Mt. Thompsons Station Short Sales & Foreclosures.Murfreesboro Short Sales & Foreclosures.Madison TN Foreclosures and Short Sales.La Vergne (LaVergne TN) Short Sales & Foreclosures.Hendersonville Short Sales & Foreclosures.Wilson County Short Sales & Foreclosures.Maury County Short Sales & Foreclosures.Davidson County Short Sales & Foreclosures.Williamson County Short Sales & Foreclosures.
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#FANNIE MAE FORECLOSURES DONATION TO GOVERNMENT MAC#
These types of loans are now major contributors to the declining quality of the Freddie Mac loans. The number of properties increased in all regions of the US except the Midwest, which experienced a decrease from 15,265 to 14,626 properties." The article stated that Freddie Mac indicated that their pool of Alt-A interest-only loans and loans made in 2006-2007 make up the biggest share of its portfolio. Fannie held 33,729 properties during H108. While the rate of growth in the two portfolios has declined, Freddie acknowledges it expects to experience further losses from REO properties." The SEC filing stated “While temporary suspensions of foreclosure transfers and recent loan modification efforts reduced the rate of growth in our charge-offs and REO acquisitions during the second quarter of 2009, our provision for credit losses includes expected losses on those foreclosures currently suspended.” According to the article, "Fannie’s REO portfolio nearly doubled from the first half of 2008 compared to H109. That is staggering, especially considering that foreclosures continue to pile up and the rate of new foreclosure filings exceeds the rate at which those properties are being sold ( per my previous blog post this is partially a result of the banks holding back REO inventory).Īccording to the article, "Freddie’s portfolio is nearly 35,000 properties, while Fannie’s is closing in on double that figure at nearly 64,000. Fannie Mae and Freddie Mac Have Nearly 100,000 Foreclosures (REO's)Īccording to this article, GSE REO Portfolio Near 100,000, according to 10-Q filings with the Securities and Exchange Commission (SEC), the total REO foreclosure inventory now held by government-sponsored enterprises (GSE) Fannie Mae and Freddie Mac is almost at a combined level of 100,000 single-family properties.