The brand new Fannie mae Domestic Road loan program keeps a strong reputation that have very first time homebuyers and you may real estate agents. Fannie mae works closely with home loan enterprises or other stakeholders regarding the a home and you can money industries to help homeowners who have Federal national mortgage association loans to end a foreclosure.
not, there are many situations where a foreclosure try inescapable. When a foreclosure occurs, the objective of Fannie mae is always to offer the home since the quickly that one can to a different proprietor. This new HomePath financing has assisted stressed people and offers the opportunities for brand new loans in Ashland household consumers.