Go offline with the Player FM app!
Top 5 Myths about the Freddie Mac Exclusionary List - Episode 277
Manage episode 296399841 series 1131913
Being on the Freddie Mac Exclusionary List is a bad thing. It means you are unable to participate in any real estate transaction where Freddie Mac is a party.
Mostly, this impacts Realtors, Mortgage Originators, Title Companies and Title Attorneys, inspectors and appraisers.
However, we've seen this impact real estate investors and other people simply trying to buy a house using Freddie Mac financing.
In today's episode, I talk about five (5) myths people have around the Freddie Mac List, including:
- Being on the List means I've committed a crime;
- Freddie Mac shares my information with other lenders;
- The List will expire eventually;
- I was put on the List without due process; and
- Being on the List means I can't do closings.
Learn why these are all myths. You can read the corresponding blog here: Top 5 Myths About The Freddie Mac Exclusionary List (yesnerlaw.com)
You can also hear more information about the Freddie Mac Exclusionary List in Episodes 32, 83, 132, 134, 179 and 262 of the Podcast.
Please also support our sponsor Sam Cohen by referring him a title company or attorney in need of malpractice insurance - Sam@AttorneysFirst.com or www.AttorneysFirst.com.
419 episodes
Manage episode 296399841 series 1131913
Being on the Freddie Mac Exclusionary List is a bad thing. It means you are unable to participate in any real estate transaction where Freddie Mac is a party.
Mostly, this impacts Realtors, Mortgage Originators, Title Companies and Title Attorneys, inspectors and appraisers.
However, we've seen this impact real estate investors and other people simply trying to buy a house using Freddie Mac financing.
In today's episode, I talk about five (5) myths people have around the Freddie Mac List, including:
- Being on the List means I've committed a crime;
- Freddie Mac shares my information with other lenders;
- The List will expire eventually;
- I was put on the List without due process; and
- Being on the List means I can't do closings.
Learn why these are all myths. You can read the corresponding blog here: Top 5 Myths About The Freddie Mac Exclusionary List (yesnerlaw.com)
You can also hear more information about the Freddie Mac Exclusionary List in Episodes 32, 83, 132, 134, 179 and 262 of the Podcast.
Please also support our sponsor Sam Cohen by referring him a title company or attorney in need of malpractice insurance - Sam@AttorneysFirst.com or www.AttorneysFirst.com.
419 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.