Fannie Mae Announces New HomePath Online Offers Pilot

Amy Bonitatibus

202-752-4144

WASHINGTON, DC — Fannie Mae (FNMA/OTC) today announced a pilot program to collect and manage real estate purchase offers for Fannie Mae-owned properties in Orlando, FL, San Diego, CA, and in Wayne County, Detroit, MI. Through the pilot, real estate agents submit offers on behalf of their clients online, receive confirmations and track the status of submitted offers. The HomePath^® Online Offers feature is now available on www.HomePath.com for homes in the pilot areas.

"HomePath Online Offers provides increased transparency and efficiency in the submission process for our real estate partners and prospective buyers," said Jim Tiegen, Vice President of Fannie Mae's REO Regional Offices. "This online pilot is a critical step toward ensuring that all buyers have the same experience making offers and purchasing homes."

HomePath homes are owned by Fannie Mae and include a wide selection of properties, including single-family homes, condominiums, and town houses. For more information on purchasing a Fannie Mae-owned property through our new HomePath Online Offers pilot, visit www.HomePath.com.

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.

HomePath is a registered mark of Fannie Mae. Unauthorized use of this mark is prohibited.

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Fannie Mae Resource Center Telephone 1-800-7FANNIE
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