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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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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.
I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.
Not bad, but he needs to take his time making additional changes.
We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

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