Steve Jolly - The REO Expert for Greater Nashville

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• New Incentive for Buyers Purchasing Fannie Mae REO

  Fannie Mae is offering an incentive for buyers purchasing and closing on a Fannie Mae REO between January 28 and April 30, 2010 . The incentive’s goals are to encourage buyers to purchase REO properties and increase the sales volumes to help manage Read More... Posted Thursday, January 28, 2010 10:17 AM by Steven Jolly | 0 Comments Filed under: Real Estate, Nashville, REO, Fannie Mae, Incentive, FNMA

• Loan Modifications Decline as Fannie Transitions

  Federal Housing Finance Agency Director James B. Lockhart today released FHFA’s latest Foreclosure Prevention Report detailing actions taken by Fannie Mae and Freddie Mac to prevent unnecessary foreclosures and keep people in their homes. The report Read More... Posted Wednesday, July 15, 2009 6:21 PM by Steven Jolly | 0 Comments Filed under: Real Estate, Market Conditions, Foreclosures, loan modification, Fannie Mae, Freddie Mac, FHFA

• Director Sees Signs of Slow Down in Price Depreciation

  U.S. home prices fell 0.1 percent from March to April, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported decline in March was revised to a 1.4 percent. For the last year, prices fell almost 7 percent. Read More... Posted Tuesday, June 23, 2009 12:58 PM by Steven Jolly | 0 Comments Filed under: Real Estate, Market Conditions, Market Trends, Mortgages, Fannie Mae, Freddie Mac