I have a question for any agents experienced with Fannie Mae.I understand that Fannie Mae outsources about half of their listings and keeps about half in house. So, It's obviously important to be an approved Fannie Mae broker. I sent in our application a while ago but have not been approved and the application clearly states that they will keep it on file for 2 years and if you have not heard back then you can re-apply.My REO team is approved with a few other asset managent co's that handle Fannie Mae listings. Some have set us up as being approved to receive Fannie Mae listings and others require your Fannie Mae ID# to be able to complete their MLA. So, my question is......Can I receive a Fannie Mae listing through an asset management company even if I have not been approved directly through Fannie Mae?Thanks!
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All the needed forms can be found on Fannie Mae's SFR site. FYI. You must have a username and password to use this system though. It would be similar to your OLD AMN login info. Thanks
I have a question, I received for the last three years eight invitations from Fannie Mae and I am still not approved, can someone explain to me how this really works? I’m very knowledgeable in this field even I never list REO on my own. I explain that in my application that I been subcontract with REO Agents to help them.
Another poster mentioned that multiform.com is trying to get as many agents to pay their $129 as possible before the change of equator. That is very TRUE! They will do everything possible to get you to pay...DON'T! Their forms program is antiquated and very difficult to work with. Also, they only give you two license for two computers. They will try to manipulate you into paying the update and I refuse. When I contacted them to request a reactivation for a new computer I had to buy due to a crash, they tried their very best to get me to pay, no way Hosea! They also deactivated the license I had on the old computer when I was able to get it up and running long enough to refer to my work on their program. All you need to do if you want to use is to disable your online connection and open the program, then start your connection while program is running. Works like a charm. I also found the best alternative to keep me going until something does change with Fannie Mae and equator...go to www.amnforms.com. You'll love it! I'm paying $9.95 a month and am able to take care of biz. Best of all this is a website based program so you can work on it anywhere on any computer! It took me a while and lot of head butting with multiform, but due to that frustration, I found amnforms.com. Its worth a look.
MultiForm - Forms Software and WorkFlow Solutions
MultiForm creates forms software and workflow solutions. Since 1979, MultiForm has been an innovator in information gathering, processing, and distr…
You're right Justin. It did go to my broker and now they need an email from him directly requesting the user name and password. Hopefully , they get that off to him and then I can log in and do the same thing, change the email address for account management. Thanks for your reply!
Good evening does anyone have the link to sign up for Fannie Mae Direct. I see the requirements to sign up but do not see a link to fill out anything. Thank you for your help have a great day Laura
Kent Steffes > Laura FilipAugust 26, 2011 at 4:39am
Business Review - Broker Notifications Follow Up (On Boarding)
Fannie Mae sends email for on boarding once brokerage approved. You are invited to become a Fannie Mae National Property Disposition Center (NPDC) Vendor. It is a long process.
Kent Steffes
Broker Girl > Kent SteffesJanuary 3, 2012 at 10:31am
Hello Kent,
So are you saying that, once are invited then we are actual accepted to become a Fannie Mae Approved Broker?
Fannie Mae: RFx InvitationFrom:fanniemae@frictionless.com, I received this invitation,login, but there was no proposal link or any type of link to click on, I emailed vendor deck and e sourcing, the phone # I found they said they couldn't help,I have no way to respond and my time ends May 27,2011,does anyone have a contact number they are willing to share
Replies
You are correct although Multi forms is still needed for some activities that are requested.
All the needed forms can be found on Fannie Mae's SFR site. FYI. You must have a username and password to use this system though. It would be similar to your OLD AMN login info. Thanks
Do you mind me asking, which asset management companies are handling Fannie Mae listings?
Hola everybody:
I have a question, I received for the last three years eight invitations from Fannie Mae and I am still not approved, can someone explain to me how this really works? I’m very knowledgeable in this field even I never list REO on my own. I explain that in my application that I been subcontract with REO Agents to help them.
You're right Justin. It did go to my broker and now they need an email from him directly requesting the user name and password. Hopefully , they get that off to him and then I can log in and do the same thing, change the email address for account management. Thanks for your reply!
Business Review - Broker Notifications Follow Up (On Boarding)
Fannie Mae sends email for on boarding once brokerage approved. You are invited to become a Fannie Mae National Property Disposition Center (NPDC) Vendor. It is a long process.
Kent Steffes
Hello Kent,
So are you saying that, once are invited then we are actual accepted to become a Fannie Mae Approved Broker?
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