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Volume 14 - Number 4

February 21, 2014

Fannie, Freddie Offer Sales Incentives to Move REOs

Fannie Mae and Freddie Mac have both rolled out limited-time offer incentive programs for real estate agents and homebuyers in a bid to move some of the GSEs’ real estate-owned properties.Freddie announced this week it will pay a $1,000 inducement to selling agents and a separate $500 bonus to listing agents when they sell a home through the company’s HomeSteps program.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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