Freddie Mac Cracking Down

It’s being reported that Freddie has a new affidavit to be executed for Short Sales as they obviously feel there are some challenges with “Flopping” (Flopping is someone buying a property on a Short Sale & then flipping the property for a profit).  I really think that Las Vegas is a perfect place for Freddie to “make an example of someone” if they find one.

http://www.housingwire.com/2011/11/18/freddie-clamps-down-on-short-sale-fraud