Fannie Mae has made changed on their Foreclosure waiting period.I'm going to list Fannie Mae's current waiting period on all derogatory events for youhere...
| Derogatory Event | Current Waiting period |
| Bankruptcy – | 4 years |
| Chapter 7 or 11 | |
| Bankruptcy – | 2 years from discharge date |
| Chapter 13 | 4 years from dismissal date |
| Multiple | 5 years if more than one filing within the |
| Bankruptcy | past 7 years |
| Filings | |
| Foreclosure | 7 years |
| Deed-in-Lieu of | 2 years – 80% maximum LTV ratios(1) |
| Foreclosure | 4 years – 90% maximum LTV ratios(1) |
| Preforeclosure | 7 years – LTV ratios per the Eligibility |
| Sale | Matrix |
| Short Sale |
I hope you have a good day today, and a good week. Thanks for reading! Brett
