Fannie Mae selling my mortgage to avoid HARP?

Good Morning. I know what is happening first hand and GMAC is releasing their servicing rights to Green Tree and Ocwen for most of their mortgage holdings which is required by their Bankruptcy filing which is now nearing completion. You should already received a Notice of Assignment/Transfer from Green Tree, so I would be happy to work with you directly to see what options we may have. I can originate loans in all 50 States so let me know if you'd like more information. You can visit my profile on this site for more information and to email me directly. I'll be working all day, so send me an email with a good time and number to reach you today and we can discuss your scenario in more detail. Thank you!

Fannie Mae is a clearing house for Mortgage backed Securities.. They packaged your mortgage and sold securities against it 10 years ago when you loan was originated.. So I think you're confused... Fannie Mae is not selling your loan to avoid a possible HARP refinance.. The "Servicer".. or the folks you make your payment to is changing... contact a local mortgage broker and apply with them... with a 10 year old loan, you should be able to save enough by refinancing to give you some relief... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Even though Greentree will be your new servicer, it is still a Fannie Mae mortgage and can be refinanced under the Harp program. Call me at 734-395-9027 and I will be glad to go over your options. Jack Cyrul

Your "servicer" - who you make your payments to is changing to GreenTree, but the underlaying loan will still be Fannie Mae. Sit down with a local non-Bank lender to go over your options.

I would speak to a mortgage pro first then depending on what is determined then maybe speak to an attorney or loan mod specialist. Even though the servicing rights are being transferred you still may qualify under the Harp program to refinance the first.Good Luck!~

Have you tried asking GMAC if they would refinance your first loan under the Harp program? Then the next step I would take is contacting FANNIE MAE directly and seeking help from them. If your home is under water, you should have a few options open to you.Good luck sir.MG

Your "servicer" - who you make your payments to is changing to GreenTree, but the underlaying loan will still be Fannie Mae. Sit down with a local non-Bank lender to go over your options.

Your loan is still owned by Fannie Mae. We can do a HARP loan for you and do not have to worry about your value. We can do HARP loans with unlimited loan to value. You will have to keep the second mtg. We cannot touch that loan. Please call me 224-420-9990.

your loan is determined on what the orginal deed of trust is .. yourloanpartnerforlife@live.com linda

They were given my loan as well! Green Tree is the worst company to WORK with (well they actually DO NOT WORK with you) not even to get the money you are trying to give them. They have a bunch of rude people working for them, they really need to be SHUT DOWN. I will be refinancing I don't care how my I have to pay in interest, I am not giving them a penny "F" U Green Tree!