What is Fannie Mae doing to pursue strategic defaulters?
FNMA will not only blacklist certain borrowers for future loans for 7 years, but they are taking legal action to recoup outstanding mortgage debt from borrowers who strategically default on loans. FNMA is asking servicers to monitor delinquent loans and make recommendations for to pursue deficiency judgments against blacklisted borrowers.
DON'T PUT YOUR HEAD IN THE SAND THINKING THIS WILL ALL PASS TOMORROW. BECOME INVOLVED IN A SOLUTION TO YOUR PROBLEM.
If you have any further questions about foreclosure please contact us.
DON'T PUT YOUR HEAD IN THE SAND THINKING THIS WILL ALL PASS TOMORROW. BECOME INVOLVED IN A SOLUTION TO YOUR PROBLEM.
If you have any further questions about foreclosure please contact us.