Items Tagged with 'judicial vs non-judicial states'

ARTICLES

  • Freddie Mac joins Fannie Mae in extending foreclosure timelines

    Also raises number of allowable days for foreclosure proceedings in 33 states
    On Thursday, Fannie Mae announced that it was increasing its maximum number of allowable days for a foreclosure sale in 33 states. But Fannie wasn’t alone. Freddie Mac also announced Thursday that it is increasing the maximum number of allowable days for “routine” foreclosure proceedings in those same 33 states.
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  • Fannie Mae extends foreclosure timelines in 33 states

    Raises number of allowable days for foreclosure proceedings
    Fannie Mae announced that it is increasing the maximum number of allowable days for “routine” foreclosure proceedings for much of the country. Click here to see where Fannie Mae just changed the foreclosure timelines.
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  • New Connecticut foreclosure law seeks to bypass judicial backlog

    Offers short sale alternative, expedites process
    The bill, which was sponsored by State Representative Joe Diminico, who has been a Realtor for more than 30 years, allows property owners who are in the beginning of the foreclosure process to work directly with a broker and the mortgage holder to “speedily sell the property” and avoid the time-consuming judicial foreclosure process.
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