Fannie Mae Extends Incentive to Buy Their Distressed Home Inventory

“Fannie Mae announced on Tuesday it is extending its buyer incentive program beyond the original expiration date at the end of this month. The program is available to borrowers who purchase a Fannie Mae owned HomePath property and intend to owner-occupy. Homes for sale include single-family houses, condominiums and town houses that have been taken over by Fannie Mae as delinquencies and foreclosures rose.”
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Related posts:

  1. Fannie, Freddie Single-Family Home Delinquencies Continue to Rise
  2. $2,500 Incentive Will Spur Short Sales, Says John Burns
  3. Close to 3% Delinquency in Fannie’s SFM Portfolio
  4. Home value data is on its way; hold your breath
  5. 1.6 million distressed sales expected this year

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