Does anyone have any suggestions on how I can approach this or contacts higher up at Fannie Mae? I recieved the following e-mail on a FNMA HAFA short sale from my negotiator:

I just completed the review of the offer. The
listing price put forth in the HAFA agreement was $163,700.00, which matches
your offer and also matches the value that came through on the BPO. However,
Fannie Mae is requiring net proceeds to be $156,740.54 which is 96% of the
value. This obviously does not leave room for commission, the borrower
incentive, and all of the other closing costs. I'm not sure why Fannie Mae has
set this amount so high in relation to the value. I calculated that the offer
will need to be approximately $186,850.00 to meet that net proceeds
requirement. Please present a counter offer to the buyer that will net us the
stated amount. If they are unwilling to increase, please list the property for
an amount that will net the proceeds that Fannie Mae is requiring. I'm sorry
for the inconvenience, please call or email with any questions.

How is it that they can guarantee to pay 6% in commission and the $3,000 relocation incentive and request to net 96% of market value. We will not be able to get a higher offer. Any advise or suggestions would be appreciated. Thank You.