Daytona Area Real Estate News: Short Sale News!!

On August 21, 2012, FHFA ( Federal Housing Finance Authority ) issued new guidelines for loans where the investor is Fannie Mae or Freddie Mac. The changes are intended to help homeowners hit by financial hardhip, moved by military, have a second mortgage, or have to move more than 50 miles for a job.

The FHFA News Release gives more details about how the changes are intended to help.

Use our SUBDIVISION SEARCH and keep track of the market in your Neighborhood. Or use our MLS Search to find the Home you want.