What Is The Max Amount That Fannie Mae Will Pay To Subordinate Lien Holders?

Real Estate Broker/Owner with Tutas Towne Realty, Inc and Garden Views Realty, LLC BK607690


Good morning Superstars.

Here's a sampling of this week's Superstar discussions.

DiscussionsRepliesLatest Activity

What is the max amount that Fannie Mae will pay to subordinate lien holders?

I have a short sale going with Chase as the 1st lien holder, SLS as the 2nd lien holder and an attorney who is representing Discover card a…

Started by Team Thayer

7 yesterday
Reply by Brian Avery

Is $8,500 required to the junior lien holder in a HAFA short sale?

I have an approved HAFA short sale with Wells Fargo on the 1st. The junior lien holder (Chase) is saying they will not accept anything but…

Started by Amy Owens

11 yesterday
Reply by Amy Owens

Thoughts on Fannie Mae's Homepath ShortSale Escalation portal! Are your overpriced counters getting resolved? yes or no

Hi all! Time to check in and register your thoughts about the wonderful portal to fixing nothing...suggested by Fannie Mae! The reason the…

Started by Sheyenne Schultz

4 yesterday
Reply by Wendy Martin

BECU denies HAFA short sale even though Seller qualifies...

I am currently working on a short sale right now where BECU straight out denies participation in a HAFA short sale because they don't allow…

Started by Trong Dang

3 on Friday
Reply by Trong Dang

Commisssion Reduction Requests

General Questions; Since 2006 when Short Sales the norm; 1) Have you been asked / told to cut your commission? 2) Did you agree to do it?…

Started by Thom Colby CA Broker

3 on Thursday
Reply by Patricia Bravo

Updates on Fannie Mae & Freddie Mac Inflated Value Issues

Just looking for any input on others experiencing the Fannie & Freddie inflated value issues. Any recent updates or solutions? I have…

Started by Raymond Kennedy

34 on Thursday
Reply by Donna McClelland


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Comments (2)

Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Great post that I'm gonna Bookmark !!!!!!!! Just learned update about the Jr. Lienholders from it ! Thanks

Apr 13, 2013 10:53 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the links to the posts. I will check them out just now.

Apr 13, 2013 11:11 PM