New Effort to Streamline Short Sale Process

New Effort to Streamline Short Sale Process Fannie Mae Announces: In an effort to speed up the short sale process, Fannie Mae is increasing early communication with real estate agents by asking listing agents to register accepted short sale offers with the GSE.

By registering offers, Fannie Mae says there will be greater transparency in the process and it will also allow the GSEto be more proactive when working with servicers to complete short sales.
“Fannie Mae recognizes the very important role real estate professionals play in the short sale process and we want to work closely with them to get short sales done,” said Jay Ryan, VP for real estate sales, Fannie Mae. Through Fannie Mae’s site Homepathforshortsales.com, agents can register their short sale offers. Learn more ....