Category Archives: Deed-in-lieu of foreclosure

Wait time halved for some distressed borrowers

Posted on April 19, 2010 by Greg Frost

Great news for mortgage shoppers who have been hampered by a deed-in-lieu of foreclosure transaction–Fannie Mae is potentially cutting your hold time in half. You’ll have to put 20 percent down, but if you can, Fannie says you don’t have … Continue reading →

Share
Posted in Deed-in-lieu of foreclosure, Economy, Mortgage Approval Process, Mortgage News, Mortgage Programs | 1 Comment

  • Greg Frost's Corner

    I recently attended the annual Mortgage Bankers Association lobbying day in D.C. with 5 of my industry colleagues from New Mexico. It was a very insightful experience. It is apparent to me that there is a prevailing feeling in both the House and Senate, along with the Executive Branch, that our government should reduce [...]

    More...

  • Frost Mortgage News

  • Understanding the Loan Process

  • How Can We Help You?

  • Greg Frost Online

    You can benefit from Greg’s experience as a top mortgage originator or as a professional trained in the field of persuasion and sales. Greg Frost Sr. was the industry’s first billion-dollar originator.

    More...    

  • Valuable Financial Updates

    Want to stay in touch with us to receive the most recent changes in mortgage rates and other important financial details? Subscribe to our weekly updates here.