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Has anyone had this happen to them? We got a HAFA pre-approved list price on the listing (freddie mac) and it was high just like all of them seem to be. I asked for a price reduction and submitted comps to support the reduction. The comps showed the value to be less then 20% of the approved list price (per HAFA guidelines). BOA (AMS) rejected the price reduction request and stated that per Freddie guidelines, they had to have a certain price and were not allowed to go any lower, period. With only a few days to go until our HAFA expiration deadline, we received a full price offer. Today, AMS responds with a counter offer $4k higher than the full price offer we submitted. I informed the negotiator that this was a pre-approved listing price so how could they ambiguously raise the price on us now. The negotiator replied that they had the BPO updated and it came back higher, so the investor automatically requires them to match the new BPO. Has anyone else come across anything like this before? I thought the purpose of a pre-approved listing price was to avoid this type of situation. Apparently, it means nothing..