Has anybody worked a short sale directly with Fannie Mae?

I have a case where the borrower's lender is Chase and she has been told she needs to work directly with Fannie Mae to do the short sale. This is a first for me..has anybody had this kind of situation and if so, how do you even start?

Please let me know..

Thank you, 

Mily Arroyo 

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Comment by Smitty on May 4, 2012 at 2:17am

I've worked with FM but only because we escalated to them when a servicer was unresponsive.  I actually find them MUCH quicker and easier to deal with than the servicer and if your servicer is Chase then thank your blessing because IMO Chase is a train wreck with paperwork.  I hope they go to Equator.  Fannie is great to deal with directly.

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