Prior Foreclosure, Short Sale, Bankruptcy, Deed-in-Lieu - No longer are Fannie Mae Short Sales the same as Foreclosures!

Sure it's a lot more complicated than it used to be, but it's also SO much more equitable. EVERY other agency treats a short sale, a deed-in-lieu, and a foreclosure all exactly the same, and they're NOT! Read how Fannie's new rules make a huge difference, especially in today's market.

Revised! Prior Foreclosure, Short Sale, Deed-in-Lieu, Bankruptcy Rules
(Fannie Mae Announcement 08-13, June 13, 2008)

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