It seems like some good news for the poor investors that bought mortgage securities from Fannie May and Freddie Mac. I’m noticing more and more short sales transactions getting approved.
This helps the investors because they don’t have to endure the costly expenses of forcing a foreclosure. Deals that were NOT coming together in past years are moving rapidly through the banking system now.
There are still some communication issues, but they are minor compared to past years.
I must say this is a great article i enjoyed reading it keep the good work
I’ve been reading along for a while now. I just wanted to drop you a comment to say keep up the good work.