Items Tagged with 'InvisiBoard'

ARTICLES

  • Goodbye plywood: Fannie Mae no longer allows plywood in pre-foreclosure

    Servicers must replace plywood on existing properties
    In November, Fannie Mae announced that mortgage servicers would be reimbursed for using clear boarding instead of plywood when securing houses that were in pre-foreclosure. That announcement was not retroactive, meaning it only applied to new pre-foreclosures. But that’s not the case anymore, as Fannie Mae announced this week that it is moving away from plywood entirely.
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