At Fannie Mae, the mission of the Fannie Mae Property Maintenance team is to ensure the quality of our REO property maintenance services, consistently producing best-in-class, market-ready properties and maintaining them until removal from our inventory.
Our goal is to provide services to maintain each property in Fannie Mae's inventory to a level of market readiness inside and outside as well as to adhere to local codes and requirements. In addition, we strive to:
Fannie Mae's property maintenance practices are part of its overall neighborhood stabilization efforts, which include prioritizing sales to owner occupants and selling properties in a timely manner to promote stability and minimize the impact to the local community.