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Entries Tagged as 'Re-established Credit History'

Foreclosure Fever: Fannie Mae Increases Acceptable Elapsed Time Criteria to 5 Years

June 26th, 2008 · No Comments · Banking, Consumer Debt, Mortgages

For better or worse, FNMA keeps tightening the reins on those unlucky (not so) few that are going through the foreclosure process. They announced earlier this spring that they were increasing the time period (up a year, to 5 years) that borrowers who have been foreclosed upon would have to wait to be considered to [...]

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