Archives For: clear boarding
FHLMC Guide Bulletin 2017-5: Servicing Updates
Freddie Mac issued a release announcing several new and updated servicing requirements. Included is a reimbursement for expenses associated with clear boarding broken windows in vacant or abandoned foreclosed properties with clear polycarbonate.
20 Apr 2017
Fannie Mae: Preforeclosure Clear Boarding Clarification
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers. The release includes a clarification containing common questions regarding Fannie Mae’s recent preforeclosure clear boarding allowable.
29 Mar 2017
Fannie Mae: Plywood Unacceptable for Pre-Foreclosure Properties
DS News released an article highlighting an announcement made by Fannie Mae at the National Property Preservation Conference (NPPC) in Baltimore, MD in regard to a new allowable promoting the use of clear boarding on pre-foreclosure properties. The article features comments by Safeguard Properties Founder and Chairman Robert Klein.
4 Nov 2016