I am a Realtor in California and am stuck between a 1st and 2nd lienholder. 2nd wants 10-12% of their unpaid balance. 1st says that because it (the 1st) is a FNMAE loan (NOT HAFA), per the FNMAE investor guidelines, the most the 2nd can receive is 6%. The 2nd is willing to consider this upon a statement from the 1st as to the information I was given. Of course, the 1st won't do this now. Is there anywhere in the FNMAE guidelines that someone can guide me to to support the 1st's claim? I need an "official" reference, for example from the FNMAE guidelines (which I've read through but everything is HAFA related. Thanks in advance!