Instanet Solutions and zipForm provider zipLogix have added Fannie Mae offer documents to their form libraries, allowing real estate agents to access offer documents on HomePath properties alongside their local sales contract through the agent’s multiple listing service or Realtor association. Agents and their clients can then sign offer documents electronically and submit the offer through

Fannie Mae said it expects to work with additional vendors to provide similar paperless services to more real estate professionals across the country, helping avoid errors and sell more HomePath properties — homes repossessed by Fannie Mae loan servicers after going into foreclosure and becoming "real estate owned," or REO.

"These enhancements will make Fannie Mae’s REO sales process more streamlined and user-friendly for buyers and agents," said Jay Ryan, vice president for REO dispositions, Fannie Mae in a statement. "Our goal is to sell as many HomePath properties as we can to owner-occupants who will help stabilize their community."

In February, Fannie Mae announced that all offers on HomePath properties would be routed through its online offers system. In the first half of 2012, the mortgage giant sold 100,745 HomePath properties, reducing its inventory of REO properties by 33 percent from Jan. 1, 2011.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Real estate news and analysis that gives you the inside track. Subscribe to Inman Select for 50% off.SUBSCRIBE NOW×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription