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Updated almost 9 years ago on . Most recent reply

Account Closed
  • Greenville, OH
1
Votes |
51
Posts

Fannie Mae on MLS but not on Homepath

Account Closed
  • Greenville, OH
Posted

The MLS listing for this property says it's a Fannie Mae property and has been listed for 18 days. It does not show up on the Homepath site. Why might that happen?

Most Popular Reply

User Stats

60
Posts
27
Votes
Julia Dugger
  • Rental Property Investor
  • Jacksonville, FL
27
Votes |
60
Posts
Julia Dugger
  • Rental Property Investor
  • Jacksonville, FL
Replied

HomePath.com is the most accurate representation of listed foreclosures that belong to Fannie Mae. The site updates nightly with status, First Look and price changes. Sometime agents do not update their MLS and cause a discrepancy as well. The one situation where a Fannie Mae owned property does NOT show up on HomePath is with reverse mortgage foreclosures (HECMs) as they are handled differently due to HUD requirements. The property in question may a HECM.

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