Exciting News! Fannie Mae & Freddie Mac Update Boosts Buyer Flexibility 🎉

Good Morning, Realtors!

I hope this message finds you well. Today, I come bearing some big news that's sure to shake things up in the real estate world! Fannie Mae and Freddie Mac have made significant policy updates, enhancing buyer flexibility in a major way.

Here's the scoop: sellers can now contribute to the buyer’s agent commission through mortgage financing, thanks to recent changes implemented by Fannie Mae and Freddie Mac. This is a game-changer, providing more options and opportunities for both buyers and sellers alike.

In case you missed it, Fannie Mae has just released a "Selling Notice on Real Estate Commissions and Interested Party Contributions." You can check out the full details by

clicking on this link: Fannie Mae Selling Notice

In essence, Fannie Mae is revising its policy on maximum contributions toward buyers' closing costs. They are now open to the idea of excluding the seller's payment for the Buyer Agent commission from the maximum seller contributions towards buyers’ closing costs. This opens up new avenues for negotiation and collaboration in real estate transactions.

What are your thoughts on this groundbreaking move by Fannie Mae? I'd love to hear your insights and reactions!

Let's continue to stay informed, adapt to changes, and seize every opportunity to better serve our clients and communities.