Fannie Mae Contact

Does anyone have a contact at Fannie Mae that they can forward?

I had a 1st lien short sale approved by my negotiator with Cenlar, however we had to go back to Fannie Mae to increase the 2nd lien amount to $2400. 

 

Fannie Mae is now saying they want $20k more out of the sale purchase price in order to approve the sale or they will decline the file.  WTF???

 

I need to go around the servicer to speak directly with Fannie Mae...any suggestions?

 

 

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Permalink Reply by Albert Clark on August 17, 2012 at 4:18am

We did that previously to meet their price counter at $240k.  Now they are coming back for $260k.

Permalink Reply by Albert Clark on August 17, 2012 at 12:17pm

I got it approved today.  Sent a very direct email to the help desk, the regional support, and the board of directors.  Within 45 minutes, it was magically approved with the letter coming on Monday.  Even got a apology email from Fannie Mae about the whole situation.  Keep fightin'!

Permalink Reply by Heather Andrews on August 20, 2012 at 7:47am

Congrats on your approval.  I am going through the same situation with Fannie Mae except Chase is the servicer. First offer approved, then waiting for final investor approval and Fannie wants over 20k more. Can you PM me what email addresses you used for regional support and the board of directors.  I did send emails to the help desk and general board email: [email protected] this morning.

Permalink Reply by Beverly Cibulsky on August 21, 2012 at 11:21am

I have on now a Wells Fannie! Countered 70K over offer. Doing a valuaion dispute needless to say!

Is Fannie somehow determining thier own values?

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