Fannie Mae Reviews

My 82 year old best friend got a business loan 12 years ago. She had her lawyer help her. Well it is time for her to retire, we found a buyer and Fannie Mae, which is owned by our famous government is requiring a payoff penalty of $280,000.00 dollars. Yes, you are reading this right. Usually you get a break or even a better price when you pay back money early, not with this company. We are asking for a break for this 82 year old woman which she deserves a break. She has not been late. I guess if they don't give her a decent break on payoff, we are going to bring this to light even more so. Yes we have proof and I bet that a couple of the presidential hopefuls would like this info being that the government should not be in the business of making people pay a penalty for paying a loan off early, especially from an 82 year old woman.

Saw a house listed with a local realtor. I went to see the house and was told it had to be a cash offer. The next day I put in a full cash offer and offered to pay all closing cost. One hour later my agent called and said my offer was rejected. The explanation was given that I already owned a home, I had filled out a form certifying I was going to live in the home. Was told it was the law that since I owned a home that I did not qualify for First Look. I ask where this law was at (there is no law) you need to certify that you are going to live in the home and I did.

Found a home that was foreclosed in the town we are in that we wanted to stay on. Was a bigger home, nicer neighborhood. Price was extremely high but figured the previous mortgage on it was 60k less than what they were asking so went for it. They rejected our bid and then dropped price of house. We went back in, they rejected again, offered a higher number and said final offer. We took it because we wanted the house even if it was slightly expensive. Home inspections went okay, some boiler safety issues but nothing immediate, siding done incorrectly, well water had astronomically high manganese and fluoride levels, etc. None of which they would help remedy at all! They offered nothing for any of it. We closed within 2 months after a lot of pushing as we were selling our house. After moving in, had clogged drains because the painters they hired poured paint down drains, carpets are coming apart down the middle of the rooms.

Fannie Mae purchased my home at the Sheriff sale for $23,000.00 which I had a $97,000.00 mortgage with CitiMortgage for 13 years. My home was in foreclosure after CitiMortgage raised the monthly mortgage from $740 to $1100.00 and after they received $21,000.00 of the Governments Hardest Hit Funds. I begged and pleaded from 11/2014 to 2/2015 with Fannie Mae for a repurchase. The same foreclosure attorneys office who represented Citi also represented Fannie Mae sent me a repurchase letter in March. The purposed amount was $55,000 and $5000 nonrefundable deposit for 15 days. The time frame to secure financing was not given fairly and the attorneys office filed an eviction notice at the same time in March.. The house was listed on Hompath and sold for $48,000.00 on 12/18/15.

Fannie Mae listed property with realtor, We made a cash offer, it was accepted. We got to within 4 days of closing, after paying for Survey & Electric service! Then the problems jumped out, seems Fannie didn't clear the Title delinquencies, they needed an EXTENSION (5 days), then they needed (Two Weeks)! During that period they popped the "WE NEED YOU TO SIGN A HOLD HARMLESS AGREEMENT!" WHY? We need to retire the Title (Modular home), we said NO to the Hold Harmless agreement, so they CANCELED our contract!

I spend almost over a year to purchase **, Miami, FL 33125. I complain to HomePath two times this house delisted. I am a person who wanted to live in it but for $5K difference, they sold and investor now who try to sell on craiglist.org etc other websites. HomePath in their website clearly said, first they seal to home buyers not investors. This is not true. I wrote a couple email. They never return my emails. I pissed off to homepath.com (Fannie Mae) is joke for home buyers who has cash but not credit.

My husband and I were unfairly cheated out of our home by Fannie Mae and Bank of America. We fought with them for eight years trying to save our home. I lost my business and our income dropped drastically so we applied for modification after modification. Finally they decided to give us a modification trial for three months. We paid the amount that they said we had to pay until the third month. They sent us our third payment back saying that it was not enough. We sent them the letter that we received from them stating the amount we were suppose to pay. They told us that they made a mistake and they refused to take our payment and they went forward with the foreclosure.

I am a buyers agent involved in the purchase of a Fannie Mae property. My client is a cash buyer (her entire life savings) and we have gone into contract to purchase a REO Fannie Mae Townhome (estoppel was ordered last minute) $13K owed and now it is in the Fannie Mae Legal Department, two extensions later we find out that it may be pulled from the market. The purchase price being $147K after all final negotiations, inspections, repairs etc. I feel that we were being used as a tool to test the market. Especially, now that the market is rapidly increasing, I feel that the LA, FM Coordinator (supervisor) and legal department are stalling to either pull the Townhome off the market now that all of the leg work has been done or discourage the buyer so that she will not sign another extension. All so they can sell it at a higher price.

After reviewing all these horrible stories, I am not surprised of my situation. We went under contract to purchase a Fannie Mae home, but as it turned out through title, they never correctly obtained title after foreclosing on the property. Turns out they didn't own the property which was being advertised for sale by Coldwell Banker in which we were trying to purchase. We were pre-approved through our bank, paid for an expedited appraisal, etc. We have yet to get any inspection money back from listing agent and Fannie Mae said they wouldn't refund our money. We were ending a lease rental and timing was of the essence. Our agent missed out on a commission and we missed out on a home plus lost $1,600 in inspections/appraisals. Thanks Fannie Mae, the American People have full confidence that you will provide sub-par, below standard service, and gladly take their money for absolutely nothing.

The good homes and good buys are under contract before they even go online, so when they do show up online they are not available. Realtors are shady. They also put the houses in the wrong county so it won't show up on a search until it goes under contract with someone they know (investors) and are probably getting a kickback from. We got screwed with the whole banking scam by Fannie Mae. Now we get screwed again as the realtors manipulate the contracts.

We sold a house to find out when they did a title search that Fannie Mae never sent the mortgage release whenever they sold it or whatever they did. The title co had attorney draw up papers to be signed. They even sent an overnight label to them. Still didn't get it back and the closing was to be tomorrow. Can't have it without the release. This is from 20 years ago.

Typical and expected service, attitude and delivery of "Homepath" property from a government agency. Anything attached to the Federal Government means incompetent and intrusive response. From my perspective all is related to a top-down employee population of the worst of the worst. This country had better get its house in order and soon. They would not repair or make functional equipment installed by their HVAC contractor and asking for the same information up to 4 times.

Put in offer on a foreclosure, was accepted and proceeded with inspections, found a lot of smaller issues but continued on. Asked Fannie Mae if we could get help with repairs and were denied. One day before closing was informed by Fannie Mae that property was not habitable and we were to pay close to another 15 thousand dollars to have home connected to city septic as per city guidelines. We spoke to city where house was located and were informed that Fannie Mae was aware of this since last Dec. We were not disclosed this fact until June 30th and at this point bank was not willing to give us any more money for this property and we had no choice to end deal. Fannie Mae did not disclose this to us until one day before closing and we know they knew of this. We are trying to get our earnest money back so we can buy another home but they are not willing. Would like to know if anyone might have a suggestion what to do?

I looked at this condo advertised as almost 1600 square feet. It had a daylight basement so I specifically asked about mold or moisture problems. Because I went into the hospital, my real estate agent arranged for an inspection. I was not told of the closing date for almost a month after the condo had closed. After I knew it closed I took my contractor out to give me a bid and a neighbor walked up and said "don't buy that condo, there was mold halfway up the back wall." The mold abatement company told me the mold been painted over several times.

Very disappointed what listing's Agent of Fannie Mae Homepath properties are doing currently. As we know, after market went down on 2007 Investors buy all the properties and they made themselves richer than they were. Now, banks start approving loans to qualified buyers but these listing's agent still choose investor's offers. Apparently good people who want to become homeowner and make their dreams come true don't have that opportunity thru Fannie Mae HomePath. They want an opportunity to give something good and special like a Home for their families but some people's greed knows no limits. Very Sad.

I wish that I read all of this before paying $75 and taking that required course for 3% closing help. I have been watching a FM property for a few months dropped to a great price. Went to see it put a contract on it on July 9. So I figure 3 business days for an answer. No contracts per the agent. The biggest deterrent she said was the vinyl flooring FM put through the entire house which is fine with me because I'm putting in wood floors anyway. So I figure no interest and been on the market for 85 days they should respond pretty quickly. Well after reading all of these reviews I don't know what to expect from them. Will update when things start to happen.

To say that we BEYOND angry and frustrated with Fannie Mae/Homepath is the understatement of the century. We have been looking at a property since February. It finally was put "on the market" and we made an offer, over asking price with a deadline to have submitted by X day at X time. We did. But then got not one but two separate phone calls over the course of 3 days saying that Fannie Mae kept extending the deadline due to increased interest. The games they are playing may not be illegal but UNethical... YES. No wonder they are a joke in the housing market. We are so sad to have lost out on this home due to GREED!!! Fannie Mae, you are a disgusting low-life slimeball government agency!!!

My fiancé is buying a home in Auberry Ca. Everything has been going great. Our offer was accepted, inspection and appraisal took place and we submitted all repairs that needed to be done to Fannie mae. They did them by our closing date. Sounds wonderful, right?! NOT!!! We were told that we would need to extend our escrow until June 30 when it was originally set for June 17, 2015. So, thinking we would have it completed by then we put everything in storage and went on vacation thinking that when we came back we could sign and move into our home. However, while on vacation we learned there was a lien from the previous owner that needed to be satisfied and recorded. We were told by our realtor that the lien had been taken care of but only needed to be recorded by Fannie mae.

Client purchased a property Fannie Mae presented as 3 units but city claims it is only 2 units.

As a realtor, I looked for the best deal for my clients. I found this Fannie Mae property at a good price. My buyer wanted to purchase it. We signed a contract and gave the FM deposit and the required loan commitment which meant the buyer to lock in a loan and pay the fees. Fannie Mae refused to make the house available for inspection with lots of excuses. As a result, my buyer did not close on time and that cost him money and time spent. The only reason I would think of is the buyer nationality (his name) so the manager at FM did not think he deserve to be a home owner. I will try to avoid Fannie Mae properties in the future.

Any and everyone that will listen I have told my story to. After a year of looking for a home I found a foreclosure home Fannie Mae owned, put in an offer they accepted. Did a home inspection the house had foundation issues, mold, and plumbing problems. I still wanted the house so I countered either fix the issues or go down in price and I can fix the problems - they refused. Not only did they refuse I had to fight to get my earnest money back. Not to mention the plumbing problems they supposedly had fixed prior to the inspection I had, which wasn't fixed.

For the past few days, I felt like I was the only one swindled by Fannie Mae. I read this site and others. Now I know others have been through the same thing with Fannie Mae. It is the usual story - under contract to buy a foreclosure. Had to put down $2000 buy cashier's check. This week June 2 I had the mortgage commitment, homeowner's insurance, appraisal done, home inspection done and closing date schedule for June 11. Title search comes back with a judgement lien by the city of Middletown. Therefore the property cannot be sold. Of course by June 2 I had given notice to vacate my apt and arranged a moving company. Now I will be homeless in a few weeks. Never buy a Fannie Mae home path property. It is a scam.

While the ready buyer program seems like a good way to save 3% on closing costs, it was just a waste of $75 for my family. We did everything the course instructed and had solid financial funding from a local bank but our offer was rejected even though it was above asking price. There was no explanation and no refund of the $75. The money they are giving people in closing costs are coming straight out of pockets of consumers like me. I've had a terrible experience with Fannie Mae and wish I would have never had tried to buy from them. Despite what they say about caring about homeowners, they are only concerned with the bottom line and will do anything to get as much money out of consumers. Be very careful when working with them.

We searched and searched. Found a home we absolutely fell in love with. We looked at all things considered. Water was off holes in the ceiling from pipes being evaluated possibly busted. Mold in the basement from leaking roof, etc. All things considered we still wanted the house. We considered the comps in the area, the costs to make the house habitable and of course asking price. Well asking price was 309,000, we offered 255,000 and 5000 towards closing costs. We went through and had a mortgage first guaranteeing our financing cause it had already been run through underwriters, etc. ANYWAY submit the offer, next day we get email stating multiple offers. Hmmmm ok. So we needed to go higher again. We evaluated all things and countered at 280,000 with 5000 towards closing.

I got a Fannie Mae Homepath house under contract and even though our contract stated that Fannie Mae would de-winterize the house and turn on utilities for inspections, they refused to follow the contract. Luckily, I found an inspector that wasn't afraid to turn the water on in the yard. My inspector was very good at his job and saw some cracks in the walls and found doors that would not close and lock properly so he suggested I have the foundation looked at. Unfortunately, my lender required that be done and I had to pay out of pocket for any needed repairs so I walked away from a really great house. Now I'm waiting and hoping I get my earnest money back. I don't get how they can ignore their own contract. I decided not to pursue another house with them.

I read a review on this site about someone who had bought a Fannie Mae property and then found out it had burst pipes that were going to cost a fortune to fix. I had a similar experience but was able to get it resolved. Before buying the house I wanted the house inspected and the bank required an appraisal. To do this the water and heat had to be turned on. Fannie Mae hired a plumbing outfit who I believe incorrectly stated that many pipes were broken and therefore they were refusing to turn the water on, despite the fact that, even if this were the case, every radiator and pipe section in the house had independent shutoff so turning it out should not have been a problem.

My family and I were looking at house in Florida and found this perfect one. After wanting to bid on it, we find that it is a FNMA house. We were at first excited cause we could potentially get this house cheaper than it was and only need to do minor things to the house. We put in our bid and we're not asking too much off and the bank or whoever handled their end says "no and the price is the price we will not budge." It's amazing that their own website says they want to help families own a piece of the American dream but they want to squeeze every last cent out of you in the process.

Our originally closing date was on a Thursday. Everything was set on our end to close. However, Fannie Mae kept on pushing the closing date because they were irresponsible on their end. They LOST our earnest money deposit (even though they signed that they received it), causing them to push the closing date to the following Wednesday, they then were still not ready by Wednesday so had to push the closing date again to Friday. Friday rolls around and by this time had canceled the EMD cashiers check. I ended up wiring over the full down payment and finally signed at about 5 pm on Friday. HOWEVER, had no received keys yet.

We made an offer on a Fannie Mae foreclosure at 200 22nd Avenue, SE, St. Petersburg, Florida 33705. The offer was accepted and we went ahead with the inspection as well as signed and submitted all required paperwork. Then after not hearing anything back, our real-estate agent told us we had to remake our offer. (I still do not understand why.) Regardless, we did repeat the offer process, but this time we were told that our offer was rejected. Weeks later we were asked again to make an offer if we were still interested. We did and this time the offer was accepted (again).

We made an offer on a foreclosed house, a Fannie Mae house. During the inspection a major water problem was found. We asked for enough time to get the problem resolved because our lender would not lend the money until the problem was resolved. We could not get an answer from Fannie Mae for several days and finally at the last minute of the due diligence, the answer was no more time allowed. Our realtor could not understand and we could not understand. Getting in touch with Fannie Mae was extremely difficult during negotiation. We really wanted to purchase this house.

My wife and I found a house that would fit our needs listed for 108k in East Providence, RI. We did our walk through with our agent and all looked well and we were pre qualified VA. Put in offer of 125k with 5k back for closing going VA. Offer accepted... Sound familiar... signed P&S on a Friday along with earnest money of 1k and as the contract was in seller's agent hands. My agent was informed on the following Monday and then informed us as well that the pipes had frozen.

I signed a contract with Fannie Mae on a house December 1, 2014 with a closing date of December 28, 2014. They chose that date and I agreed. I sent them 16500 in earnest money and I cashed out stock so I could purchase the house in cash. They extended the closing 6 times because they needed to do repairs in order to dewinterize the house. For some reason they couldn't get it together enough to do the repairs. On March 3, three months after we signed the contract, they cancelled the contract. The only reason they gave is 'seller decision'.

Have an offer with Homeopath and upon my inspection found out the property has asbestos. It is within my 10 days inspection. Fannie Mae will not fix or lower the price even although it is a health and safety issue. I submitted the text result from the lab. So after spending hundreds of dollars in inspection I am force to walk away. What type of government agency that our taxpayers are paying for. They don't care about your health and list property that has no disclosure and even after bringing it to their attention they said they won't fix it and refuse to lower the price putting any future buyer or inspector at risk and committing fraud by not disclosing vital information. Where is honesty and where is a heart to sell REO with asbestos to another buyer.

My story begins with entering the real estate market as a landlord. My story has a good ending, but it wasn't because Fannie Mae did anything to help...Quite the opposite. In July of 2014, I had my realtor submit an offer on an REO. After a few counter-offers and normal contingencies, the purchase process was set in motion. To my surprise, the listing realtor and Fannie Mae made it impossible to have my bank perform a home inspection and the contract eventually fell out of compliance and expired. I reentered into contract, but this time I had to put another $500 up... so I did. As the process moved along, my bank was still not allowed in for inspection. The listing realtor notified my realtor 10 days before expiration that the gas in the house could not be turned on and therefore the plumbing could not be de-winterized.

I notice a lot of Fannie Mae homes on the Big Island, and am thinking of buying one. I notice that they seem to stay on the market for a long time. I also cannot get a straight answer as to the process, possible length of time to close, or even if Fannie Mae does a termite inspection and remediation. It seems to me that they favor flippers as several homes that I have seen come up for auction and end up back on the market. Are they serious about selling to individuals or is this just another housing scam? Also, I cannot find out if there are liens or possible liens on the properties. SMDH.

So Fannie Mae accepts my offer for a house in Boca Raton about a month ago, 3k below asking price. I get an inspector and he tells me there are termites and the roof needs to be done. Right there I should have walked away but I understand these things happen. We tell FM about the inspection report and they say "Ok get an appraisal done." The appraisal comes in 4k more than our accepted offer. So we tell Fannie Mae we want 17k for the roof to be replaced (this is the lowest quote of all that we received). They kill the deal with no negotiating. So I ask for my 10k down back and they all of sudden want to make a deal.

At one time I actually thought that Fannie Mae cared about home ownership but now I think they are just interested in taking people's homes. I made the great mistake of moving in 2005 and buying a home priced at four times its actual value but I didn't know it until a year later. My mortgage was with Countrywide and my note and mortgage were never properly transferred. Their lawyers and the judges didn't care that this violated the law. Neither Bank of America as servicer for Fannie Mae or Fannie Mae was willing to talk about any principal reduction or any reasonable modification because I did not have financial need.

I bought a property in Illinois from Fannie Mae. It had taped signs on the toilet saying that it had been winterized. After turning on the water, that house was a big colander, pipes burst everywhere, walls have to be removed, numerous pipes replaced. They should not put any misleading information or visible signs inside these properties. Now to repair this is going to be thousands! This property will be inhabitable until I have the money for these repairs.

So they steal the homes they are selling using bad documentation made up by banks. Then they sell to you or better foreigners who will pay more and get green cards. We are being duped. WE ALL ARE LOSERS, except the banks with the help of Fannie Mae who stole the deeds and titles of our land! WAKE UP!

I moved out of my home January 21st. I received my check later on that week on the 24th. First off, they tried getting my keys without having the check like they promised the day I moved out. I refused to give them the keys without my money. Well I went to several check cashing places including ACE and Walmart with no success on cashing this check. They have only 1 number to call to speak to one guy who verifies the checks. He never answers the phone. I've been trying to verify a check from Fannie Mae from 9:30 am this morning until close of business with no results. My next step will be to call the Attorney General if this problem isn't rectified by tomorrow. I'm stuck with nowhere to go because I can't cash this check and put it in rent and deposit for another home.

The house we were very interested in was vacant for over a year. We submitted a bid in November 2014 and it was accepted. We tried for over a month to get into home for a home inspection and were never allowed into the house. Then we were told that the furnace was not operational so if we still wanted the house we had to pay additional monies. We didn't because we were told to make our best offer and we did so they terminated the contract (they breached the contract). Then they lowered the price $10k and put back on the market without a furnace.

I am in the process of trying to buy the home mention above for full listing price of 139,900 & willing to pay cash. I was rejected & counter with an amount of 150,000. I did have a history with this house. Tried to get a loan when it was listed 149,900. My loan was rejected.

Our experience trying to purchase a Home Path property was a nightmare. We placed a full price bid on the property and we were told there were multiple bids and to bring our highest and best offer. We loved the property so we bid $10,000 over asking, for a total bid of $150,000. The property had been inspected by Home Path and some issues were disclosed but upon our inspection, there were many more issues. Many of these issues we were prepared to fix ourselves but we could not secure financing until the property was brought to code, and the water could be turned on - every plumbing connection in the home leaked, caused wood rot in all cabinets and floors.

We were promised a relocation fee the day we moved out. It took a week to get the money. We spent everything we had in a storage unit and dump fees and gas. We either gave away or trashed over half of what we owned. We had one week to move five days before Christmas. I have two children, 11 who has asthma and one that turned five the day after we got the notice. We spent a week in a truck and all sleeping on one couch at a family members house.

My realtor assisted us making an offer on a Fannie Mae house. We offered more than the asking price. Our contract was one of 5 and they were all turned down (they were also more than asking price). When I called the agency to inquire, they stated how all buyers are the right ones for the property. Imagine that-- all six of us unworthy to buy their house. Just in case they read any of these reviews, the property is located at **. My prediction is that they priced the house too low and now they are not honoring any of the bids. I suspect I will see a higher price listed eventually. No wonder our country is in the shape it is in and why we had a massive crash in 2008 with agencies like these running the show. God help us!

Fannie Mae is abusing their customers. They are basically , "legally" STEALING people’s earnest money by misleading their clients to sign contracts that VIOLATE consumers’ rights. Examples of phrases Fannie Mae have in their contracts: "By signing this contract you are give away all your rights" or "You cannot start a lawsuit against Fannie Mae or anyone".... Fannie Mae represents a branch of the United States housing authority, that was created to help THE PEOPLE!!

Fannie Mae has given all their mortgages to a debt collector by the name of Seterus. The people at this company are really mean. They would not take my payments and, after about 2 months trying to deal with Fannie Mae, they kept stalling and would not tell Seterus to take my payments. After doing everything possible, I could not get any help from anyone including the Attorney General and his staff. They refuse to look at all the complaints on this site and believe the lies that Seterus is dishing out. The recent one is to get your proof of payment. Seterus took all my payments over the phone so they know you do not have proof of payment for most payments. I submitted proof of the fraud to the Office of the Attorney General but to no avail. Now I am going to tell you what to do. First go on TV and watch the program called Flip or Flop. When the property goes up for auction, the house is totally demolished. We need to fight back. If the courts are on the side of the home owners, take action. Also, call 202-456-1111. This number is for President Obama. Hopefully. he can help. He knows all about this scam. Good Luck.

We had an offer accepted on a Homepath property in August. We were willing to overlook many of the condition problems on the property except for the major plumbing issues (couldn't even have the water turned on or the house would flood), and Fannie did agree to fix that. Then we had our lender back out on us (even though we had approval and a signed lock) about two weeks before we were set to close because the Homepath program is expiring. We then had an approval from a different lender, but it would take us approximately another week past our closing to get everything set for this second loan. We applied for an extension on the closing date, stating that we lost our first financing offer and that we wanted to close as soon as our paperwork went through for the next loan. Fannie Mae denied it because having the date extended would be a "bad mark" on the Fannie Mae agent.

Put down earnest money and Fannie Mae will not refund the earnest monies. Our agent has sold this house and still no money. Wire transferred monies. Fannie Mae did this four times. That is 4 thousand in 3 months. Can you say rip off!

My husband and I recently had to move out of state from NV. My husband lost his job and due to a non-compete clause in his job contract he could not gain employment within the state. Our home was under water and we applied for short sale assistance and were approved. Our realtor essentially told us we fit the perfect case scenario of a legitimate short sale hardship due to the job loss and having to move due to the non-compete. A year and a half later and five offers later... our home has not sold. The big problem is that Fannie Mae will not come down on the asking price and it is priced over market value. If a buyer ends up hanging in the process long enough without getting discouraged they eventually find out they can't qualify for a loan because the house is priced over what it appraised for.

I made an offer on a house in Massachusetts, as I am a realtor and looking to move there. I signed the offer. It was accepted verbally, but Fannie never signed. Within my due diligence period, I had inspections done and found so much mold it would have cost me thousands to remediate. I have a realtor in MA handling this for me. I cancelled the contract well within my due diligence time frame since Fannie wouldn't come down anymore on the price. That was 2 weeks ago. I never received a contract signed by them, so technically I was not under contract. Yet they are still not signing the release of earnest money. The listing agent is no help. I have no signed contract and now no earnest money. I will be contacting an attorney, but my advice is, unless you don't care about losing $1000+, don't ever buy a Fannie Mae house! I am going to warn all my clients and potential clients not to make an offer on any Fannie home.

I received notice today that Fannie Mae had directed my mortgage to be transferred from CitiMortgage where it has been for over 10 years to Green Tree Servicing. In all my time with CitiMortgage and in the 20 year history of having mortgages I have never made a late payment. I am now faced with a mortgage servicer with thousands of complaints against it for unfair and illegal business practices with no time to refinance - research of similar situations from other who have posted here and elsewhere would indicated that this will cost me thousands of dollars and countless aggravation. I am unclear why Fannie Mae with its core mission to enable home ownership would partner with non-reputable mortgage servicing companies and offer no explanation to the consumer.

Fannie Mae took my name out of the loan, and left my husband's name on it. He walked out of the property and Fannie Mae will not talk to me, instead they want to foreclose it. I was a co-borrower on the loans, not sure how my name got dropped off the loan.

Made 2 offers on the same Homepath property. We own our current home free and clear and looking to move out of home owners association community. The first offer was cash deal $4K less than asking price and 2 week closing. We know the property and that the A/C system needed to be replaced and some electrical work done. The listing both times was only on the market for 36 hours and we're not sure how many people would have found the listing and visited the property in that short of time but we were watching it and we were the first offer both times. Both times we were given a short time frame to change our offer due to "multiple" offers so we upped the amount.

I'm in the process of buying a condo that was foreclosed and now owned by Fannie Mae. They want to charge me $150 for "rekeying" the locks, but in reality they changed the locks, but the person who did it was SO ignorant they did not realize they needed a 6 inch long latch, and threw away the perfectly good lock and latch, then did not put any latch in at all. So all I have is a deadbolt to secure the door.

Had to file Chapter 13 due to a divorce after a 27 year marriage. GMAC did a refinance of my mortgage so I could buy my ex out of home. They (GMAC) over appraised my home to be able to give me my mortgage 210K on a house that appraises at 172k, at 30 yrs 6.9%. The Chap 13 trustee is taking 1350 a month. Mortgage is 1595 a month. Taxes are 400 a month. Then I have electric and phone and I need to eat. Without overtime I take home 3600 a month - my bills are 3700 a month. FNMA claims there is no hardship. I only asked them to drop the interest rate to 4% - they said no. Modification was denied saying have no hardship and making too much money. It also took them 7 months and 7 bank statements, electric bills and pay stub to still deny modification.

Did initial modification and process increased by $200 and I advised I was unable to pay plus I was taken out of work during the mod process and asked that my payments be reduced in order to make them. Was advised there is a program for unemployment due to sickness. Was eventually in foreclosure and had to leave home due to fact that they would not work with me due to chronic illness which has no cure and I was forced to rent but through a rental property owned by Wells Fargo. I would have liked to have had mod done on home or rent my home instead of move to a different location in another city.

I am a real estate agent and submitted an offer for a buyer on a HomePath property. She offered very close to the asking price. The next day I received an email stating we were in a multiple offer situation and that my client should submit her best offer. We went in and adjusted the price $100 above the listed price. The deadline was 6 am the next morning, which was a Wednesday. By Thursday afternoon I hadn't heard anything, so I contacted the listing agent by phone and email. No response. A couple hours later I contacted Fannie Mae directly and after a long time waiting for the rep to "research the issue", I was forwarded to another department where I was told to "leave a message".

Fannie Mae refusal to honor cash for keys.

First Realty of NJ was hired and obtained by my mortgage co Fannie Mae. Dean the broker has been assisting me and I was promised 6800.00 by Dean and Fannie Mae to vacate my home which has been in foreclosure. I was given half of the 6800.00 upfront to help in my moving costs and was promised the remaining of $3400.00 once I vacate the premises. I have since vacated the premises and done all as obligated by me. I am now being denied the remaining balance by Dean, First Realty and Fannie Mae... Pls advise, thank you kindly. Suzan M ** **.

In 2007 we purchased a 38 unit apt complex. Never worked with gov. loans before. The deal was decent, we proceeded. After the economic crash we had a huge loss of working capital. We requested assistance from the bank to tap into our equity (loan docs granted up to 80% with approval, we were at apx. 71%). We were flat out rejected - the request didn't even go to Fannie Mae, as the bank told us it would cost $5,000 and the answer would be no! And they wouldn't let us take out a 2nd with another bank!

Made an offer on Fannie Mae property **, Columbus, GA 31904, listed by Janice ** through Coldwell Banker/Kennon, Parker, Duncan, and Key Realtors, which went into a multiple offer deadline on March 31st. My agent received word that they had accepted our offer on April 4th. Earnest money was requested on April 4th and I submitted my earnest money on April 5th. Received word on April 10th that they never finalized the contract and was re-opening multiple bidder procedure. This notice was given via private email instead of from the automatically generated Homepath MO procedure and no due date.

In November of 2013, we found a house for sale in Buttonwillow, CA. The house was listed on both Homepath.com and Coldwell Bankers as a 2-family resident. We contacted the listing agent. We got a pre-approved mortgage and made a bid on the house, which was accepted by Fannie Mae. We signed all papers, had a contractor come in and make a bid for the restorations. Our closing date was set for January 7, 2014. All was fine until the appraiser came back and said it was zoned as a CO (commercial). Our mortgage company said it had to be zoned as residential in order for us to receive a mortgage. We asked Fannie Mae to have it rezoned. They said no and want us to cancel the contract. However, we will be out the $750 we had to pay the appraiser. We feel that is is unfair due to the fact that both Fannie Mae and Coldwell listed it as a 2-family resident. If you check it out on Homepath.com, nowhere does it state commercial property... I feel that either Fannie Mae should pay to have it rezoned or refund our $750. Please, any advice would be apprenticed. Thank you for your time.

Fannie Mae was selling this house for 149,000. We put two offers on the house and was turn down twice. The house did not have any plumbing at all and was destroyed but they would not lower the price. This is the second time they turned us down. Now I am wondering if they really found the person that would pay 149,000 for that house or there was another reason not to sell the house to us. It should be illegal to sell houses on that condition for a price so high.

Fell in love with a foreclosed home that has been on market for a long time... It dropped from $99,900 to $94,900. Made an offer for $85,000 with 20% down and to pay all closing costs, etc. Was rejected to a better offer... Within weeks house came back on market and was lowered to $85,500. So we offered that price with 20% down plus all closing costs etc. We were rejected the same day it was submitted. And yes we have been preapproved for way more than that. And I thought there was a waiting period like last time. It's still for sale too. Just sitting there.

My wife and I were attempting to purchase a home in Hudson Florida, a Fannie Mae Foreclosure, which they said qualified for a Fannie Mae Home Path purchase (STAY AWAY from THIS) which means we didn't have to get it appraised, GREAT right save a little money, EHHH! (buzzer) WRONG! Don't ever do that get the property appraised, anyway we used WELLS FARGO as the lender. At this point let me say we have excellent credit and substantial income, we made our good faith deposit, we were pre-qualified and given commitment letter by Wells Fargo. We set closing date and due to Fannie Mae dragging their ** we had to submit to underwriting again and extend the closing date. This occurred 3 times, due to the home had a $1700.00 water lien and water co. wouldn't turn water on without a Fannie Mae agent making payment. They refused, making it impossible to do a proper 4 point inspection, also the electrical had to be updated which they finally did (after the scheduled closing date) but again sending our paperwork back to underwriting.

I am a Realtor specializing in short sales for about 7 years. I have closed hundreds of short sales. I wanted to pass some info along to you in regards to what I personally perceive as corruption with Fannie Mae short sales and potential for another market collapse. This corruption seems to have begun approx. 9 months ago as I personally have not experienced this until recently.

After trying for years to sell our home, we contacted Bank of America to find out what our options were. They told us we could do a collaborative short sale, and then farmed us out to a company naked reed. They then opened the account... closed the account... opened the account... closed the account.... so on and so on... We finally got in touch with the deed in lieu Fannie Mae cash for key program dept at B of A. We were current in our house payments, and remained so till we moved out. Our deed in lieu was supposed to be reported as debt satisfied since the appraisal was higher than what we owed.

I’m buying a house from HomePath, cash in NJ. Right now I’m in my fourth extension. Fannie Mae says the deed is not recorded. The county rejected the deed twice and now they are looking for a missing signature in the affidavit of consideration. This morning, the title company told me they need a signature from the previous owner, then record the deed. Does anyone know how long this process will take? I AM WAITING FOR 2 MONTHS.

I purchased a house in 12/2005 under a conventional loan, no private mortgage insurance (PMI). The loan was sold to Fannie Mae in 08/2006. Fannie Mae added PMI (to be paid by the lender). This was never disclosed to me. Actually, it was denied until today (12/31/2012). I was supposed to settle on a refinance of my mortgage today at 4 pm EST. This morning when the mortgage company I am refinancing with was making last minute checks, Fannie Mae flagged the loan. They say I now have PMI and they produced a document. When I applied for my mortgage in 2005, I specifically stated I did not want PMI. How is it that Fannie Mae can alter the terms of my loan without my consent? I want Fannie Mae to remove the PMI from this loan.

My grandfather, Julius **, born on March 9, 1926, is a disabled World War ll POW veteran. He is also a Purple Heart Recipient who received several other medals for his service. My grandfather is 1 of 14 children of his parents. Growing up not having much and working hard for what you did have has always been a motivating factor in his life to strive to reach his full potential, a lesson he has always tried to pass along to his children, as well as his grandchildren and great grandchildren. Also, appreciating what you have, sharing with others who are in need, your word is your bond, and no matter how hard it is, "Doing the right thing, is always the right thing to do."

Fannie Mae and Home Path make you feel like you are dealing with a scam! They wrote an offer on December 2, 2012. Home Path says 24-48 hours for response. It is now December 13, 2012. I placed a total of four calls to Home Path and got stonewalled at level 1 after asking you questions. They tell you they have no answers for you then transfer you to level 2 which is a voicemail that never calls you back! On top of that, the listing for the property is not even correct. They have you send in a contract to Home Path then a contract to the listing agent, and then no one knows what's going on my e-mails back from the listing agent. I have no idea on just talking to a Linda, Brian, Christlea, Jamie ** and a Mercedes who is a manager but would not talk to me. By the way, only Jamie offered me her code. This is why so many agents will not use Home Path or show Home Path in our office. They laughed at me when I said I was doing a Home Path offer. Home Path gives agents a bad name. The result is no one has called me back!

A Fannie Mae owned unit (unoccupied) in our condo complex had a leak in a toilet supply line. The leak went down into the flooring and the unit below's ceiling causing damage. Our property manager has gotten the runaround from Fannie Mae reps who have been rude and all but threatened her. Who can help us get Fannie Mae to repair? The leak was witnessed by four people. Someone please help us. Help us make Fannie Mae take the responsibility for this. Don't they carry insurance?

I am writing this as a formal complaint against Fannie Mae, Homepath, and the Tanis Group LLC.

I am about to lose my home to foreclosure. You won’t believe what is happening now. I have a home in Fresno, CA with an approved short sale. JP Morgan is the junior lender on this loan. The home is currently in short sale and it expires on the 8th of January. I have had an approved offer since August of 2011 and it is currently being log jammed by Chase. I have a signed short sale agreement and HAFA RASS through BofA. All of this has been provided to Chase. Chase is responding by saying that they will only accept the MHA Form 184a that is provided by the official HAFA website. However, Chase is saying that this must be signed with the BofA letterhead.

Man came to my door claiming to be hired from my Mortgage Servicer (Seterus). He held an envelope with a letter that stated Seterus had enlisted them to help out with loan modifications. I explained I had already filled out paperwork and he said that "Seterus was wiping the slate clean because they couldn't keep up with the paperwork." He said to fill out the paperwork and he would come back to our house to go over it before sending into Seterus as there is a program that would lower our payments for five years and put the arrears at the end of our loan. He said he would look over the paperwork before submitting because he knew what they were looking for. The night of our appointment with him, he did not show. I called him to see where he was and he said "sorry, Seterus pulled the contract with them and he could no longer help us." This was all in a matter of two days of talking (week after Thanksgiving).

I was living in an older mobile home, paid for. It was, however, bankrupting me with constant repairs. I heard about a USDA loan, available for people who were seniors, or disabled, or who lived on a small income. I was eligible all three ways! I was told I would get a $7,500 direct grant (this is a rural housing program), plus $7,500 for any home modifications needed. I sold my older home to a young couple, where the wife's father was a contractor, and the young husband was good with his hands.

I purchased a home five years ag, and needless to say, the mortgage is upside down about $85,000. My mortgage is owned by Fannie Mae and serviced by Indymac. I contacted a realtor who has handled short sales for the last ten years and requested a short sale package from Indymac. After submitting the package with a strong contract on my property Fannie Mae simply rejected it because I am not delinquent on my mortgage. Fannie Mae stated that I need to be 31 days behind before they would even consider it even with a contract. I know that a short sale will affect my credit but they are asking that I ruin my credit even more. How does this help the homeowner? In addition to that, you are restricted from buying a home for two years.

The call center for technical support in India is awful. I have had to explain my issue with Captivate 5 over and over and over to every person I've spoken with. They've asked me the same series of initial troubleshooting questions every time and when they can't figure it out, they say that they're going to escalate the issue to the next level of support only to start back at square 1 with the same questions that we've already gone over. I've heard them try to blame the bugs on my LMS, my computer and my user account on my local machine when the problem is clearly a bug in the new version of the software. They are quick to pass the buck and not take responsibility for actually working out the bug in the code.

On 8/20/10, I entered into a contract with Fannie Mae to purchase a property at **, Baltimore, MD 21206. On or around September 10, 2010, I received an email from my realtor that the property was not legally foreclosed on by GMAC Mortgage Company. Therefore, the contract that I was under is now voided. The email was received from Mr. ** of Champion Homes Realty located at 14100 Sullyfield Circle #500, Chantilly, VA 20151, 703-657-6555. Champion Homes Realty is the selling agent on the contract that it was under.

We put in an offer for a short sale home. Bank of America and the homeowners accepted and ratified our offer. We had an early possession agreement and moved into the property. About 1-2 weeks later, there was a note on the door saying that the property has foreclosed and Fannie Mae now owns the property. I called my real estate agent Rebecca **, **. She then spoke with my investor Ben **, **. He said this happens all the time and someone at Bank of America just looked over the paperwork. He assured us that they would resend the paperwork and everything would be fine. About a week or so later, we received a call from Rebecca ** saying that Bank of America would not resend and we would have to move again! I was so angry and upset.

I wrote a purchase agreement on a Fannie Mae repo on January 5th cash deal. The closing was to be on or before Jan. 28, 2009. I called Senator Sherrod Brown's office on March 18th because we heard nothing since January. That day, we were asked to sign an extension for the house to close on or before March 30th. Today, March 30, Fannie Mae asked for another extension with no reason given. The real estate agents are both stumped. My son has had to extend his lease on the home he is in now for he will be living in this house. His landlord is fed up with him saying I'm moving and then he has to stay.

We applied for a mortgage through a local division in Sanford, NC on 7-1-04. The application was preapproved and ready to get a final from underwriting in the Florida Office. We never had any communication with the company and/or loan officer unless we kept initiating an answer of the long waiting period which lasted until 8-22-04.

They stole our home and most of my personal belongings. We hold a trust deed and title to our home. They destroyed our credit. They used our 18-year-old son’s name on court papers to take our home. We want justice and those who wronged us to be bought to justice.