In this week’s episode of The Crushing Debt Podcast, I again visit the Freddie Mac (Federal Home Loan Mortgage Corporation - FHLMC) Exclusionary List. For those who don’t know what it is: if a real estate professional (Realtor, Mortgage Originator, Title Company, Inspector, Appraiser, Attorney, etc.) finds themselves on the List, they cannot participate in a real estate transaction involving Freddie Mac.
One frustration with helping people come off the List is that Freddie Mac does not provide any input on what it takes to come off the List, except a paragraph or two on a policy worksheet that they send with the original letter putting someone on the List, and any denials of requests to come off the List.
Since Freddie relies on their policies, I thought I’d take a more thorough look at them in this week’s episode.
If you want more content about the Freddie Mac Exclusionary List, please listen to:
- Episode 134 - an explanation of the List I provided at a seminar called Become A Better Agent (or BABA).
- Episode 132 - Coming off the Freddie Mac Exclusionary List
- Episode 83 - An update of various approved and denied requests to come off the List
- Episode 32 - an introduction to the List.
If you are on the List, or know someone on the List, we have helped people come off the List. Please share any of these episodes, and have the person on the List contact us for a free consultation.
Shawn@YesnerLaw.com or www.YesnerLaw.com
We have a special guest host on today’s episode of the Crushing Debt Podcast, but don’t let the cuteness distract you from the content of the episode.
Today’s episode is a discussion of Florida Statute 501.1377 - Violations involving homeowners during the course of residential foreclosure proceedings.
The statute defines:
The statute then defines the requirements of helping someone in foreclosure, or who could be in foreclosure, and the penalties for violation of the statute.
Although there are some exclusions from the law, if you work with people in foreclosure, you need to be aware of the requirements of the statute. If you have questions, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
Last month was a bit rough. But I’ve always been a believer in mindset and the power of mindset to lift someone out of a bad mood. I appreciate all of you as listeners of the show and thought I would share some of my favorite positive quotes, as a way to lift myself out of this funk, and as a way to help you when you hit a rough patch. Some of these are mine, or I’ve heard from family. Others I’ve read in books or heard at different events. I try to give credit to the author as and when I can.
The process of recording and sharing these quotes with you has helped me to feel better and, for that, I thank you.
What are some of your favorite positive quotes? What are some of your favorite things to do when you’re feeling down? Please let me know by emailing me at Shawn@YesnerLaw.com or at www.YesnerLaw.com.