Fannie Mae AMPs
Fannie Mae sells its REO properties through two channels:
- By listing directly with brokers
- By utilizing outsourcing partners known as Asset Management Providers (AMP vendors).
Current distribution of the properties is about 50-50 between Fannie Mae and the AMPs.
If you are interested in working as a direct Fannie Mae listing broker:
- Send an email to vendor_apply@fanniemae.com with "Listing Broker application request" as your email's subject line and ask for an application.
- Complete and return the application.
If you are also interested in working with Fannie's Asset Management Providers (AMPs), you must apply to each one individually. Fannie does not share its agent list with its vendors, nor do the vendors consolidate their agent lists. You'll find the names and application contact information for each of the Fannie Mae Asset Management Provider companies below.
| Company | Application Contact |
| 24 Asset Management | fnma@24asset.com |
| Atlas | www.atlasreo.com |
| Chrisley Asset Management | fanniemaeinfor@chrisleyam.com |
| Equity Pointe | afernandez@equitypointe.com |
| Executive Asset Management | info@executiveam.com |
| First Preston Management | www.FirstPreston.com |
| Green River Capital | info@greenrivercap.com |
| Keystone | VendorAdmin@keystonebest.com |
| Nationwide | www.nreob.com |
| New Vista | applications@etcreo.com |
| Old Republic | www.oldrepublicdefault.com |
| PMH | www.pmhfinancial.com |
| Owen REO, LLC | AgentInquiries@Owenreollc.com |
| National Default Services | FannieMae@defaultservicingllc.com |
As an example, here is a link to both the REO Real Estate Agent Applicaiton and the Valuation (BPO) Application from Old Republic.
According to Gabrielle Harrison, VP for REO sales at Fannie Mae, real estate professionals selected by Fannie Mae are expected to follow specific guidelines. Her advice to those brokers and agents selected,"Read the Broker Guidelines Book you'll be given!"
Because there have been some ethical violations with property transactions in the past, Harrison reported that Fannie Mae will begin using mystery shoppers as an agent quality control measure. Keeping scorecards for agents will also be part of the process for monitoring agents' services. Agents' performance will be benchmarked against that of their peers -- with some adjustments based on value bands and area.
