http://www.housingwire.com/2010/09/02/excessively-delaying-fannie-mae-foreclosures-will-now-cost-servicers
Wanna good laugh?
Fannie Mae will now review the compensatory fees due to servicers in cases where the government sponsored entity feel servicers are unnecessarily delaying foreclosure.
In a letter sent to servicers, Fannie Mae said it plans to review compensation when it deems applicable, stating that loans "must not be put on hold on a blanket basis."
Fannie Mae is clear that servicers must not jump the gun either,
