We have had a short sale in review for over a month and the trustee sale date is wednesday. This is the first trustee sale date but freddie mac will not allow Chase to postpone it.

 

I desparately need a contact at Fredie mac as this has happened to me sevral times before!!

 

Carol  408-980-5202, call me if you can help.

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Foreclosure Sale Postponement
Effective immediately, we are eliminating the requirement for Freddie Mac Servicers to obtain written approval from Freddie Mac to postpone a foreclosure sale for mortgages that are more than 12 months delinquent. Freddie Mac Servicers will now have delegated authority to postpone any foreclosure sale in cases where the borrower's circumstances have changed, or other extenuating circumstances have occurred, requiring a foreclosure delay.

 

http://www.freddiemac.com/sell/guide/bulletins/pdf/bll1227.pdf

1-800-373-3431  Freddie Mac

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