Relevant:
- New Streamlined Modification from Fannie Mae and Freddie Mac No Hardship or Income Documentation Required
- Fannie Mae to Start Foreclosure Process on Reverse Mortgage Defaults
- Our FAQ on the Foreclosure Reviews
- Fannie to Collect Rent from Tenants Living in REO Properties
- Excessively delaying Fannie Mae foreclosures will now cost servicers
2013-05-13 — americanbanker.com
``The mortgage giant said its Servicing Management Default Underwriter can save servicers time and money by enabling them to obtain information about changes to Fannie Mae's policies in real time.
The system also is said to notify servicers when a homeowner becomes eligible for streamlined processing of a mortgage modification or other options to prevent foreclosure.''
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