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**FANNIE MAE RFx Proposal**

Posted by EDA DE LEON on September 1, 2011 at 1:53am in Sample Title

Hi Everyone

 

I just joined this website and this is my first post.  Is there any FNMA direct listing agents out there? I applied about 10 months ago and I just received my RFx proposal. When I click on the link there is a set of questions that need to be completed mostly regarding my/office experience handling REOs.  We just recently started listing REOs so not much experience there.  Do they pay close attention to experience w/REO's and if they do.  Do they request paperwork of your closings? I do have about 20yrs of experience in the real estate industry and property management. How long after that do they take for the phone interview and what do they ask? how long is the business review?

 

I wouln't want to miss this opportunity. Can anyone share their insight?

Thanks

 

Eda De Leon

Florida Relocation R.E.

Orlando area broker

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Replies

  • Jennifer Martin December 19, 2011 at 12:05pm

    Did you get an account? I just received the same email and curious as to how long it take?

    • John A Walker > Jennifer Martin December 19, 2011 at 3:14pm
      I also got the Rfx email. It looks like so did many others, all across the country.   Are they adding agents?  They must be. Does anyone who is now a direct fnma agent remember getting this Rfx email and filling it out?
      • George Bellino > John A Walker December 20, 2011 at 4:05pm

        We are direct and we got the same email last week.. Fannie typically adds agents when their current ones aren't getting the job done. It's all about ratings.. We just became direct a few months ago and their process is alot more in depth then the traditional REO's..Good luck to you all.

        • John A Walker > George Bellino December 20, 2011 at 4:55pm
          Do you think all direct brokers got the email?
          • George Bellino > John A Walker December 22, 2011 at 6:52am

            I called them after getting it because I was concerned since we just recently got approved. All direct brokers should have gotten that email. They're just doing a review.

            • John A Walker > George Bellino January 17, 2012 at 7:50am

              Did you fill it out and submit it?

              • George Bellino > John A Walker January 19, 2012 at 3:15pm

                If your referring to me, then yes I filled it out and submitted it. I didn't want to take any chances since it was so tough getting in.

                 

                • John A Walker > George Bellino January 19, 2012 at 3:37pm

                  Thanks George.  It seems to me that I read on the instructions for filling out the app that, if you are a current direct Broker and you don't submit the app, you will be fired.  Did you see that?

          • Zac Brown > John A Walker December 21, 2011 at 2:30pm

            I got the email I had to have everything in by 12-16 they said 6-8 weeks after is when I would get a answer.

        • Jennifer Martin > George Bellino December 20, 2011 at 4:28pm

          George- Do you remember getting the email and what was the time frame afterwards?  Also does the number after the state mean anything? Soem have CA 1 CA 2, etc? Does anyone know.

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