Fannie mae owner-occupant house: investor beat me!

[Matt R.]

I was bidding on an fannie mae property against one other buyer in the first couple days it went on the market.  It was still in the owner- occupant time frame.  I do things the right way, and was planning on moving into the house.  But an investor outbid me.  Once he closed on the house he quickly cleaned the place up and rented it.  So I am not happy.  I know that the contract says that fannie mae can take the house back from the buyer and/or a 10k fine if they find out you were acting as an investor.  My question to you guys is do you think I can somehow make fannie mae repossess the home from the investor and give it to me?  

[Mark Ferguson]

Report them!  It is not whining and they should be forced to play by the same rules as the rest of us.