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1. #List of fannie mae foreclosures how to
2. #List of fannie mae foreclosures update
3. #List of fannie mae foreclosures download

When a Fannie Mae home loan goes into foreclosure, we acquire the property, which becomes known as real estate owned. While we work with lenders to help homeowners avoid foreclosures, sometimes they’re unavoidable. Agents will be notified when a list price recommendation has been made, and can then use this information to set a list price and begin marketing the short sale property on their client's behalf. HomePath® is the name we use to market and sell Fannie Mae’s real estate owned (REO) properties.

#List of fannie mae foreclosures update

The Homepath for Short Sales Portal provides email updates whenever Fannie Mae adds a comment, requests more information or makes an update to a case.During this period, agents can log into the portal and check on the status of their requests. Fannie Mae requires up to three weeks to complete list price guidance requests.Please ensure the homeowner provides access to the property for the interior valuation. In addition, Fannie Mae will order a Broker Price Opinion and an appraisal.Once a list price guidance request is submitted, Fannie Mae will confirm that it is the first lien holder, and then begin the process of evaluating a variety of external and internal sources, including, but not limited to, current listings and pending and closed sales to estimate the property's value.Fully executed Homeowner Authorization Form.

#List of fannie mae foreclosures how to

#List of fannie mae foreclosures download

Download Homeowner Authorization Formīefore logging into the HomePath Short Sale Portal, listing agents need to confirm that Fannie Mae is the first lien holder of their client's property. Servicer provided Homeowner Authorization Forms are not acceptable. Listing agents must ensure they have a signed copy of the Fannie Mae Homeowner Authorization Form before they begin.Agents must register for access to the application, but once they do, they can access the portal at their convenience to request list price guidance and check the status of their request. The HomePath™ Short Sale Portal is free and available for any agent listing a Fannie Mae short sale.When Fannie Mae is the first lien holder on the property, listing agents can use the Fannie Mae HomePath™ Short Sale Portal to submit their requests online to receive list price guidance.

Once the initial list price guidance is provided, agents may also receive ongoing Active Marketing support from Fannie Mae by providing their MLS Sheet, monthly marketing report, and any other pertinent information related to the marketing of the property. Real estate professionals who are assisting homeowners interested in pursuing a short sale now have the benefit of requesting list price guidance directly from Fannie Mae before listing the property in the local Multiple Listing Service (MLS) in their area. List Price Guidance Request and Active Marketing Support*