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Re: new Fannie Mae's guideline

Posted by G.O. on July 22, 2008 at 8:25 PM

In Reply to: Re: What happens to HELOC on a short sale? posted by CC in OC on July 08, 2008 at 11:00 AM

> is two years for short sale vs. five for a foreclosure.

It's interesting though, why they increased the period for a foreclosure, from four to five. So in that sence, foreclosure become worth than a bankruptcy, which is four at most.


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