Fannie Mae Revises Derogatory Credit Event Rule

According to the Denver Business Journal, a new rule imposed by Fannie Mae (Federal National Mortgage Association) could make it more difficult for would-be homebuyers who have had a short sale in the past to buy a home. The rule, which went into effect on August 16, will extend the mandated waiting period to qualifyContinue reading “Fannie Mae Revises Derogatory Credit Event Rule”