Great News! BOTH Fannie Mae AND Freddie Mac no longer require mortgage insurance approval for many of the top Mortgage Insurance companies! This will shave two or three weeks off the short sale process on average!! AWESOME NEWS! Here are the companies that Fannie & Freddie now have delegated agreements with – CMG Mortgage Insurance Company, Essent Guaranty, Inc., Genworth Mortgage Insurance Corporation, Mortgage Guaranty Insurance Corporation, PMI Mortgage Insurance Co., Radian Guaranty Inc., Republic Mortgage Insurance Company, Triad Guaranty Insurance Corporation, and United Guaranty Mortgage Insurance Company!!
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