Foreclosure News: Fannie Mae Increases Maximum Allowable Days in 33 States

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foreclosure_process

In an announcement yesterday, Fannie Mae gave notice that it is increasing the maximum number of allowable days for foreclosure sales in 33 states. The changes take effect for sales on or after August 1. In a foreclosure proceeding, the maximum allowable days represents the time it typically takes for a “routine, uncontested” process—from due date of […]

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