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
Unpacking the drivers and costs of GSE repurchase demands
The average cost for a loan seller to buy back a mortgage from Fannie Mae or Freddie Mac for...
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