We received the application into Fannie Mae. They ask what the 3 most important things are in dealing with REO proprties. My answers were: 1. Procurring a sale. 2. Accurate timely communications. 3. Value preservation and security.
Am I close on these. I would consider all three of equal importance. Does anyone know if this is close to what they are looking for
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Looks like there are 2 other people in this discussion that received an invitation to apply, and so did I. I wonder if this means FNMA is adding more Brokers. I know that, in my area, the few people wnho are listing them have around 20 listings each. What do you think?
--Did you get an "RFX" (whatever that means) from Fannie Mae? I just did. Did you submit it yet? Any idea what the chances are of getting some listings after submitting it? i think it is the last step before beconing accepted or nothow
Where do I get a fannie mae application Mr. Vrooman?
You can find the application process on the "homepath" website. I believe the answer to my question is the first page of the Fannie Mae "Service Requirements for Contractors and Consultants" found from "eFannieMae.com".
Ok thanks I will try that. I will let you know.
Karen, I have been on the list for about 2 years for my area, but I read on this site that some agents were only registered for a few months. You should also try to get listed with the Fannie Mae outsourcers also.
Ok thanks Charlenia
Make applications with AM co's and wait. And wait. I am sure there is a better way.
I found my answer, will post tomorrow from work computer.
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