Critical Fannie Mae Changes ability to get a loan on a property a judicial foreclosure

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Fannie Mae is implementing a new rule on unacceptable properties. A property foreclosed upon is ineligible for Fannie Mae Financing until the redemption period is over. Fortunately, most foreclosures in California are non-judical and therefore have no redemption period. Click here for more on California's Redemption period.


TBWS alert where I learned about this Watch Video

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