Apparently, Fannie Mae has decided to change up the rules a bit. Now borrowers who are facing foreclosure have a little different set of rules as to when they can expect to be able to qualify for another loan and purchase another house.
Check out the new guidelines at
https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2010/sel1005.pdf
Then let me know what you think below.
Remember, give first.
Shaun McCloskey
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