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Gov't Affairs Blog

Freddie Mac Updates Short Sale Requirements

11/22/2011 12:05 PM | Alan B. Fields (Administrator)
Our Friends at ALTA have been successful in persuading Freddie Mac to correct some of the problems with its short sale requirements, including an overreaching affidavit demand that insisted closing agents make factual representations about which they usually had no knowledge and to indemnify the lender and Freddie if they or anyone else had misrepresented something. 

 

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