The interim procedure applies to nonjudicial foreclosure sales and is aimed to help avert “immediate adverse financial and market impacts” when surplus funds are not available.
https://www.nationalmortgagenews.com/news/fha-to-allow-release-of-partial-claims-after-some-foreclosures
Top execs reportedly fired at Freddie Mac, FHFA
The head of operations at the Federal Housing Finance Agency and two C-suite leaders at the...
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