Fannie Mae Escalation desk

Fannie Mae now has an “Escalation desk” that Realtors can access to help speed up the short sale or foreclosure process. It is an attempt by the government organization to work with the agents for a smoother conclusion.

The process may begin after a contract has been written and sent to the listing agency. Then the listing Realtor contacts the escalation desk to see if all documents and needed paperwork is done.

The process does not guarantee a favorable outcome, but does show a willingness to begin to get through the backlog of foreclosed or short sale homes on the market.

Photo of the Day - "Boise Depot" as taken by me!