This is HUGE!!!
Submitting a Contract
Fannie Mae announces the expansion of the HomePath® for Short Sales website, a communication tool created to help real estate professionals efficiently complete short sales and resolve challenges directly with Fannie Mae. Listing Agents are able to submit a contract into the HomePath Short Sale Portal, negotiate, and receive first lien approval directly from Fannie Mae. Visit HomePath® for Short Sales website to view the list of participating servicers - (currently, Seterus is the only participating servicer - more servicers will be brought on during the course of the year).
To begin the process, use the Loan Lookup tool to determine if Fannie Mae owes your client's loan. If the loan is owned by Fannie Mae, have the homeowner complete and sign the Fannie Mae Homeowner Authorization form and contact the servicer to determine the homeowner's eligibility. Once the homeowner's eligibility has been determined, register as a listing agent in the HomePath Short Sale portal.
How to Submit a Contract trough the HomePath Short Sale Portal
Questions
For any technical support questions about the HomePath Short Sale Portal's functionality, please call 1-866-894-0205. If your question or issue does not relate to the functionality of the HomePath Short Sale Portal, you will be directed to the Fannie Mae resource center 1-800-7Fannie or to the Fannie Mae Short Sale escalation desk.
© 2024 Created by Brett Goldsmith. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.
You need to be a member of Short Sale Superstars to add comments!
Join Short Sale Superstars