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Fannie Mae and Freddie Mac are now requiring that loan providers who need more than 30-days to decide on a short-sale provide weekly status updates and make a final decision no later than 60-days after receiving an offer. Fannie and Freddie’s regulator, the Federal Housing Finance...

There was recently some good news for military home owners. If they are permanently displaced due to a job-related responsibility they can still be considered owner-occupants when they apply for the Homes Affordable Modification Program (HAMP). Tim Massad, Treasury Assistant Secretary, and Holly Petraeus, Assistant...

The decision by an investor to purchase a commercial real estate property requires a clear understanding of revenues and expenses. Leases must properly detail which expenses are paid by the tenants and which expenses are the responsibility of the landlord. Lease types include gross, modified,...