Harp 2.0 fannie value

[Ed O.]

I'm presently trying to complete my 6th Harp 2.0 refinance and have saved the toughest for the last. Presently, Wells Fargo is telling me that, "fannie has not preloaded a value" for the subject property. As a result and in addition to their inferior fees and rates, I'll have to get slapped with an appraisal that costs around $570, which is almost 50% over the true market rate. The dumbest thing, is that the appraisal has literally no bearing on anything to do with the loan, other than to provide the lender with a number. If the property were to appraise for $1, I would still be able to refi, after buying this expensive appriasal.

So, does anyone have any idea as to how I can get fannie to submit a value so that I can save thgis fee? Any ideas on where to start?

thanks!