Cannot create FIM Service MA - Failure to retrieve schema error keeps popping up

mscorlib: System.ServiceModel.EndpointNotFoundException: There was no endpoint listening athttp://fim01:5725/ResourceManagementService/MEX that could accept the message. This is often caused by an incorrect address or SOAP action. See InnerException, if present, for more details. ---> System.Net.WebException: Unable to connect to the remote server ---> System.Net.Sockets.SocketException: A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond fim01:5725

   at System.Net.Sockets.Socket.DoConnect(EndPoint endPointSnapshot, SocketAddress socketAddress)

   at System.Net.ServicePoint.ConnectSocketInternal(Boolean connectFailure, Socket s4, Socket s6, Socket& socket, IPAddress& address, ConnectSocketState state, IAsyncResult asyncResult, Exception& exception)

   --- End of inner exception stack trace ---

   at System.Net.HttpWebRequest.GetRequestStream(TransportContext& context)

   at System.Net.HttpWebRequest.GetRequestStream()

   at System.ServiceModel.Channels.HttpOutput.WebRequestHttpOutput.GetOutputStream()

   --- End of inner exception stack trace ---

Server stack trace:

   at System.ServiceModel.Channels.HttpOutput.WebRequestHttpOutput.GetOutputStream()

   at System.ServiceModel.Channels.HttpOutput.Send(TimeSpan timeout)

   at System.ServiceModel.Channels.HttpChannelFactory`1.HttpRequestChannel.HttpChannelRequest.SendRequest(Message message, TimeSpan timeout)

   at System.ServiceModel.Channels.RequestChannel.Request(Message message, TimeSpan timeout)

   at System.ServiceModel.Channels.ServiceChannel.Call(String action, Boolean oneway, ProxyOperationRuntime operation, Object[] ins, Object[] outs, TimeSpan timeout)

   at System.ServiceModel.Channels.ServiceChannelProxy.InvokeService(IMethodCallMessage methodCall, ProxyOperationRuntime operation)

   at System.ServiceModel.Channels.ServiceChannelProxy.Invoke(IMessage message)

Exception rethrown at [0]:

   at System.Runtime.Remoting.Proxies.RealProxy.HandleReturnMessage(IMessage reqMsg, IMessage retMsg)

   at System.Runtime.Remoting.Proxies.RealProxy.PrivateInvoke(MessageData& msgData, Int32 type)

   at System.ServiceModel.Description.IMetadataExchange.Get(Message request)

   at Microsoft.ResourceManagement.WebServices.MetadataClient.Get(String dialect, String identifier)

   at Microsoft.ResourceManagement.WebServices.Client.ResourceManagementClient.SchemaManagerImplementation.RefreshSchema()

   at Microsoft.ResourceManagement.WebServices.Client.ResourceManagementClient.SchemaManagerImplementation.get_Instance()

   at Microsoft.ResourceManagement.WebServices.Client.ResourceManagementClient.get_SchemaManager()

   at MIIS.ManagementAgent.RavenMA.DoGetColumnInformation()