Dec 1, 2014
Previous Owners Buy–Back Repossessed Homes at Present Market Value
Fannie Mae and Freddie Mac directed to change policies relating to the sale of real estate owned (REO) properties in their current inventory by the Federal Housing Finance Agency (FHFA). The change requires real estate owned properties (REOs) to be sold to any qualified purchasers at the property’s fair market value. Under the new policy […]