Short Sale Process Cut in Half or More, Freddie Mac Says
OtherShort sales are getting much shorter, Freddie Mac says. The mortgage giant launched a Freddie Mac Standard Short Sale program on Nov. 1 that sought to speed up the short sale process andΒ make it easier and more transparent. “We estimate that the time to complete a short sale will decrease by approximately 50 percent to 75 percent,” as a result of the changes, writes Tracy Mooney, Freddie Macβs EVP in a recent blog post. Among the changes that took effect […]