We are having the same problem. We are putting down more than required, have great credit, no debt, and have loan approval. We are being told there is a "recording problem with the title". Since there needed to be a judgement of foreclosure and Fannie Mae placed the property with a broker in order to sell it, what the he'll is going on? We are a week from the date Fannie Mae has chosen to close and have heard nothing. I am sorry we ever got into this. I would strongly caution anyone actually wanting to purchase a residence to avoid short sales and foreclosures. I totally get why the real estate market is as screwed as it is.