Forum

Fannie Mae - I was Recently Accepted and I Recevied My User Name/Password

Posted by Jimmy D Moore, Lic RE Broker on March 1, 2010 at 1:59am in Sample Title

My REO Coach told me that even though getting accepted to their SAP Software doesn't guarantee REO Assignments, that once you get to this stage it is usually a good sign that they plan to utilize your services.

Does anybody have a good phone number for them? I was told that I should follow up and give them a phone call and find out who the Asset Manager is for my area.

Thanks!

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Replies

- - - - Frederick Humphrey > Jose Rivas (DGRA) CDPE, SFR September 7, 2010 at 3:32am
        
        Jose, I am curious, can you tell me how long it took for you to be approved and if this was the 1st time you applied for acceptance
        
        Jose Rivas (DGRA) CDPE, SFR > Frederick Humphrey September 7, 2010 at 7:00am
        
        I applied several times, I met a vendor manager at Five Star last year, later she became the vendor manager for my area and she got me in, before she leave Fannie.
Andrea Cruz July 29, 2010 at 12:56pm

who is your reo coach
Joyshna Joyce Patel May 19, 2010 at 6:01am

i got the same email as well
Stacey Anistaica Miller April 26, 2010 at 7:53am

Good luck to you I was approved with the Old Republic that works with the Fanni Mae. Do you work with them. I am in San Diego area and doing reo for the last 3 years with Pas.

Have a good day,
Stacey A MIller
- GIOMAR M. VASQUEZ > Stacey Anistaica Miller July 30, 2010 at 8:43pm
  
  Hello Stacey I'm in Los Angeles area been approved for some time with Old Republic have you got any assets from them? any sugestion.
  
  Giomar Vasquez
- Tom J Roberts > Stacey Anistaica Miller May 16, 2010 at 3:37am
  
  good job stacey,Pas is part of Wells Fargo here in Ohio,hard to get in
John Accornero April 25, 2010 at 6:53pm

So...could you tell me how to pierce the veil of FNMA?
- Jimmy D Moore, Lic RE Broker > John Accornero April 26, 2010 at 1:09am
  
  Yes, that is the same email that I got and a week or so later I got a User Name and Password.
  
  John, I just went to Fannie website and filled out that big ole long Application.
  
  So far, I haven't gotten any Listings and from what I've heard, it could be a week or a year, but I should eventually get some, I hope:)
  
  The REO Expert that I used is Frank Patrick, see ASREOS. He helped me get started 3 years ago and his system is the best that I've seen and it focuses on the BASICS, but has several important systems that ensures that you are doing all that you can to get REO Listings. Of course these days, it tough sailing because there are so few REO Listings, but things should free up soon and there will always be REO business.
  - rv223509 > Jimmy D Moore, Lic RE Broker October 4, 2010 at 9:58am
    
    Sounds like you just applied to be considered...if they need any further you will get a secondary app that is much longer and requires much more detailed information. Good luck!