Barbara Thomas
  • Female
  • Eugene, OR
  • United States
  • Oregon
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Barbara Thomas's Discussions

Fannie Mae Limits Max Contribution to Junior Lien for non-HAFA?

Started this discussion. Last reply by Linda Susan Fox Jun 27, 2011. 4 Replies

I am working on a short sale where PNC mortgage has both the 1st and the 2nd -- completely different negotiators.  1st is owned by Fannie Mae.  2nd investor is undisclosed.We have approval from the…Continue

Tags: lien, 6%, max, payoff, jr


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Al replied to Barbara Thomas's discussion US Bank Allowing Only a 60-day Marketing Period under the ATP!! in the group FHA - HUD Short Sales
"reason why I ask is the bank says seller concession needs to be at 1% but that was on a previous conventional offer. My new offer is an fha offer and buyer is asking 3% at 3% it would still meet net. "
Sep 12, 2018

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I am a Realtor with RE/MAX Integrity. I earned my CDPE in May 2009 and have been heavily involved in short sales ever since. Many are my own clients and others are for fellow Realtors who prefer not to be involved in the short sale facilitation part of the process. I learn something new every single day.

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