Fannie and Freddie Resume Foreclosure Sales

HousingWire reports that Fannie Mae and Freddie Mac recently gave real estate agents the green light to resume selling foreclosed homes. Sales had been suspending as a result of the “robo-signing” debacle. The site referenced a Freddie Mac memo ordering the resuming of normal sales and marketing activity. Moratoriums issued by other lenders including JPMorgan Chase and Bank of America have also been lifted.

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