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#263153 - 12/04/08 08:40 PM Re: First REO listing! Fannie Mae software? [Re: Memphis Agent]
REO Soft Offline
Junior Member

Registered: 12/04/08
Posts: 1
Loc: Toronto, Canada
[quote=Memphis Agent]Are you getting work from other companies or just the one that told you to purchase the software? [/quote]

Can anyone comment on that?

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#263862 - 12/09/08 12:00 AM Re: First REO listing! Fannie Mae software? [Re: HomesBuyRomilda]
orlrealtor Offline
Member

Registered: 03/26/08
Posts: 64
Loc: Florida, Orlando
you have to use multiform with the outsources as well. Pay the money and if you need any help using it PM me. I had a hard time when I started with it.

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#263913 - 12/09/08 12:08 PM Re: First REO listing! Fannie Mae software? [Re: REO Soft]
LizL Offline
Veteran Member

Registered: 08/27/05
Posts: 1323
Loc: Missouri
Most of the FM third party vendors will send you a pdf of the foms you need, but then you have to figure out how to fill in the pdf (such as print it then type information in). If you are working with third party vendors who do Fannie Mae listings (there are many, and NO we will not post a list of them), you will be better off if you have the software. It is one of the many costs associated with listing REOs.
_________________________
REALTORŪ, Broker/Salesperson, GRI, ABR
REO listing/selling since 2004; BPOs

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#329109 - 03/01/10 03:15 PM Re: First REO listing! Fannie Mae software? [Re: LizL]
seasaw Offline
Veteran Member

Registered: 10/14/06
Posts: 1390
Bumping. Has anyone purchased this software without having a Fannie Mae assignment? I have a vendor who wants me to purchase it but hasn't assigned me a Fannie Mae property. I hate to spend $500 first with no guarantee that I will get an assignment.

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#329110 - 03/01/10 03:27 PM Re: First REO listing! Fannie Mae software? [Re: seasaw]
LizL Offline
Veteran Member

Registered: 08/27/05
Posts: 1323
Loc: Missouri
Seasaw,

You could tell them you are purchasing the forms and then purchase over the web after you get an assignment. . . You would be able to get web delivery, so you'd have them before you had any forms due.

If, by chance, you need a form really fast, just PM one of us. If you have an AMN user ID and log-on, you can get the forms off of eFannieMae.com. Some third party vendors just require the BPO, while others want you to send a zip package that includes the pdf, mfs, and xml components. The one thing you cannot do (without the software) is that whole package.

Liz
_________________________
REALTORŪ, Broker/Salesperson, GRI, ABR
REO listing/selling since 2004; BPOs

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#329123 - 03/01/10 04:52 PM Re: First REO listing! Fannie Mae software? [Re: LizL]
RealBoots Offline
Member

Registered: 01/26/08
Posts: 216
Loc: Wild or not Wild ,East or West...
I spent $505 about year ago and never had to use it so far.
What a waste and money I think as they updated them recently so there will be another $500 if I have to use it.

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#329507 - 03/03/10 11:08 PM Re: First REO listing! Fannie Mae software? [Re: RealBoots]
LizL Offline
Veteran Member

Registered: 08/27/05
Posts: 1323
Loc: Missouri
Yes, RealBoots, Fannie has been updating forms like mad lately. The BPO is one of the few forms in my MultiForms suite that I can still use. CMS does charge for updates, so Seasaw should definitely wait until the last possible minute to make a purchase over the web.
_________________________
REALTORŪ, Broker/Salesperson, GRI, ABR
REO listing/selling since 2004; BPOs

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#329509 - 03/03/10 11:21 PM Re: First REO listing! Fannie Mae software? [Re: LizL]
realtorstw Offline
Member

Registered: 04/21/06
Posts: 398
Loc: Stillwater MN
I did buy Multiforms but I recently found this site
http://www.amnforms.com/amnlite/
They work in a pinch
_________________________
THE NATION WHICH FORGETS ITS DEFENDERS WILL ITSELF BE FORGOTTEN

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#329510 - 03/03/10 11:25 PM Re: First REO listing! Fannie Mae software? [Re: realtorstw]
LizL Offline
Veteran Member

Registered: 08/27/05
Posts: 1323
Loc: Missouri
From Fannie Mae vendor relations 2/2/2010:
Quote:
You may have recently been contacted by www.amnforms.com. The information on the site states that this company is currently offering free versions of several Fannie Mae NPDC forms that can populate with information you enter.

Please note that this company is not affiliated with Fannie Mae or acting at Fannie Mae's direction. The forms supplied on this website have not been reviewed or approved by Fannie Mae for use in this manner by AMN forms lite.

We will provide more information about www.amnforms.com as we learn more.
_________________________
REALTORŪ, Broker/Salesperson, GRI, ABR
REO listing/selling since 2004; BPOs

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#329511 - 03/03/10 11:31 PM Re: First REO listing! Fannie Mae software? [Re: realtorstw]
dial1010 Offline
Member

Registered: 01/19/09
Posts: 293
Loc: CA
Yes, I bought that multiform a year ago for $605, what a waste!!!
I got FMAE listing recently from vendor and I didn't even use this multiform. They send me the forms and I just used them. Actally I totally forgot that I do have multiform frown

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#329517 - 03/04/10 02:14 AM Re: First REO listing! Fannie Mae software? [Re: dial1010]
realtorstw Offline
Member

Registered: 04/21/06
Posts: 398
Loc: Stillwater MN
Thanks Lizl
Glad I havent been in a pinch
_________________________
THE NATION WHICH FORGETS ITS DEFENDERS WILL ITSELF BE FORGOTTEN

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