Listing agents representing a homeowner on a Fannie Mae short sale should submit their "highest and best" contract with terms acceptable to the homeowner. Use Fannie Mae's Loan Lookup Tool to determine if your client's mortgage is owned by Fannie Mae. If an offer has been received and your client's mortgage is owned by Fannie Mae, you can submit the contract directly to Fannie Mae through the HomePath Short Sales Portal. The offer would also need to be submitted to the mortgage servicer to conduct an initial review. Contact the mortgage servicer for guidance.
As part of this process, all parties involved will be required to sign the Fannie Mae Short Sale Affidavit confirming that the transaction is an arm's-length transaction.
IT IS ILLEGAL TO DISCRIMINATE AGAINST any person because of race, color, religion, sex, handicap, familial status, (having one or more children), or national origin.
Anyone who feels he or she has been discriminated against should send a complaint to: U.S. Department of Housing and Urban Development, Assistant Secretary for Fair Housing and Equal Opportunity, Washington, D.C. 20410.