File went through all the non-HAFA hoops to get started--all cash buyer for last listed price was rejected by FNMA. By this time prices have fallen even more-file re-submitted for FNMA approval at contract price. 30 days later, no response. I have escalated through Equator, sent e-mail to VP of short sales at FNMA, and file is also escalated at FNMA Business Analysis level (takes 10 days for review, she said). No response from anyone through Equator, negotiator has been available only minimally thruout this file. Sale has been postedponed once already, currently set for Sept 7th, and buyer (our second buyer) is cancelling because it's taking too long for approval. Supposedly, FNMA doesn't like to lose properties in foreclosure, but that's what's happening to this one. Does anyone know if FNMA will postpone sale date more than one time? BofA is a "delegated" servicer by FNMA to negotiate their files for them, no one at FNMA seemed to know about this file.
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