New Fannie Mae Appraisal Program – Starts Jan 26th

Pams VAS Pam's VAS News and Updates

Is the new Fannie Mae Appraisal Program helping or hurting? What are the basics of the program? Well, the real estate giant is planning to offer mortgage lenders access to proprietary home valuation databases, so that they can use it to assess the “accuracy and risks posed by the reports submitted by appraisers.” So this system will look closely at …

Foreclosure Amounts from the Big Banks

Pams VAS Foreclosures, Pam's VAS News and Updates

It may have escaped the attentions of some, but certainly not for others that the Christmas and New Year period was a blessing to those facing foreclosure. The giants in the estate agency business (Fannie Mae and Freddie Mac) both announced they were suspending foreclosure-related evictions over the Christmas and New Year period. So from December 17 through to January …