Freddie Mac Short Pay Off Fraud. Watch this!

[Lafi S.]

I just watched this video. This doesn't look good.

http://www.reiwebinar.com/short-sale-fraud/go/

[Audley Humes]

Originally posted by Lafi S.:

My attorney sent me this so if there is something you have that I can show him otherwise it would be really helpful.

Here ya go. From a previous post.

Here's the infomration I've been sending to our Realtors to clarify all the concerns their Broker may be having.

Almost had a Buyers Agent pull out today, thinking we were committing Fraud on a deal that's due to close in less than a week!

The Newsletter that's causing so much chaos! -

http://www.freddiemac.com/singlefamily/news/2010/0412_payoff_fraud.html

Webinar with Jeff Watson, Ron Ballard, and Chris Mchlaughin (3 highly regarded Lawyers in our industry) -

http://www.shortsalesriches.com/3lawyerupdate/

Here's Ron Ballard Blog about the Freddie Mac Newsletter - I(probably
won't even need to read, because they explain the newsletter so well in the webinar)

http://californiashortsalelawyer.com/2010/04/freddie-mac-article-on-short-payoff-fraud/

Here's Freddie Mac Offical Policy on Short Sale Flips (stating that flips
are legitimate and they recognize closings in a day, week, or month later are perfectly legal)

http://californiashortsalelawyer.com/wp-content/uploads/2010/04/bll0924xA.pdf