Forum

CFPB Regulation - Waterfall Process

Started by Alexis Adams in Short Sale Discussions. Last reply by Minna Reid yesterday. 2 Replies

Awesome website!

Started by Jackie Gonzalez in Short Sale Discussions. Last reply by Brett Goldsmith Oct 11. 1 Reply

seller affidavit and acknowledgement

Started by Jackie Gonzalez in Short Sale Discussions. Last reply by Jackie Gonzalez Sep 16. 2 Replies

Cenlar Escalation

Started by Melody Medley in Short Sale Discussions. Last reply by Melody Medley Sep 20. 2 Replies

Can Buyers Lease Short Sale Property?

Started by Sharon Burgos in Short Sale Discussions. Last reply by Sharon Burgos Sep 20. 2 Replies

Blog Posts

Nationstar is now Mr. Cooper!

Posted by Brett Goldsmith on September 12, 2017 at 8:45am 0 Comments

Approval Problems

Posted by Kathy Moore on July 7, 2017 at 9:57am 1 Comment

Bayview Financial

Posted by Donna Perry on June 23, 2017 at 4:23pm 3 Comments

Ditech

Posted by Robert on April 25, 2017 at 9:00am 2 Comments

 

Get Short Sale Help Now!

 

Click The Button Now To Receive Free Support From A Short Sale Superstar Near You!

Latest Activity

Minna Reid replied to Alexis Adams's discussion CFPB Regulation - Waterfall Process
"I haven't heard this on any of my files...however the waterfall program is specific to FHA. As far as I know Fannie and Freddie have not made any changes to their SS guidelines."
yesterday
Ken Bailey replied to Steven Jackson's discussion Escalation in the group Wells Fargo Short Sales
"WF Executive Escalations 800-853-8516"
yesterday
Steven Jackson added a discussion to the group Wells Fargo Short Sales
Thumbnail

Escalation

I have a short sale in process with a courthouse sale date of Oct 25th! It was denied once and resubmitted with the investor only taking an aprox $100,000 loss on a $1.3m loan. Can not get ANYONE to respond to calls or emails.Does anyone have an…See More
yesterday
Steven Jackson joined Wendy Rulnick's group
Thumbnail

Wells Fargo Short Sales

Wells Fargo and ASC (America's Servicing Company)This group is for information, tips and solutions for Wells Fargo short sales.See More
yesterday
Jonathan Katz replied to Sally Perez's discussion Chase Charged Off Second
"Chase Home Mortgage charged off second mortgages are the worst. I hope you go this resolved. SPS servicing division definitely tends to be easier completing an Select Portfolio Short Sale than dealing with a Chase Bank Sale. "
yesterday
Sterlin Lundy is now a member of Short Sale Superstars
yesterday
Terry Hammill replied to DENNIS ANNINOS's discussion CALIBER NO LONGER ACCEPTING SHORT SALE APPLICATIONS in the group Caliber Home Loans
"Start hitting them with CFPB complaints..... they dont want to comply with the new CFPB guidelines and are hoping you just go away."
yesterday
Terry Hammill joined Brett Goldsmith's group
yesterday
Alexis Adams replied to DENNIS ANNINOS's discussion CALIBER NO LONGER ACCEPTING SHORT SALE APPLICATIONS in the group Caliber Home Loans
"They declined one of my files today which is a Freddie Mac loan. The response I got was that they are not approving short sales for ANY loan, regardless of investor. Will be making a call to Freddie to confirm."
Monday
Profile IconAlexis Adams and DENNIS ANNINOS joined Brett Goldsmith's group
Monday
Profile IconJennifer Hafer, April Gerhardt, Aileen Coles Davis and 2 more joined Short Sale Superstars
Monday
DENNIS ANNINOS added a discussion to the group Caliber Home Loans
Thumbnail

CALIBER NO LONGER ACCEPTING SHORT SALE APPLICATIONS

So CALIBER calls this morning stating they will no longer entertain Short Sale applications on any "investor loans". Meaning any loans that are NOT FNMA,FHLMC,FHA VA or USDA loans.So any old subprime loans would no longer be eligibleSee More
Monday
Ron Galbreath liked Suzanne McLaughlin's group NationStar Mortgage
Friday
Jeannine Mitchell joined Bryant Tutas's group
Thumbnail

Freedom Mortgage

This group is for information, tips and solutions for Freedom Mortgage short sales.Main number 800.274.6600See More
Friday
Alexis Adams replied to Alexis Adams's discussion CFPB Regulation - Waterfall Process
"Update: got same information from BOA except they advised that this applies to ALL loans, not just govt."
Oct 12
Alexis Adams posted a discussion

CFPB Regulation - Waterfall Process

Hi all - I was advised by Ditech today (10/11/17) that any short sale that is currently under review with an INCOMPLETE or PARTIAL submission package (even outstanding document request) would be pulled from short sale on 10/15/17 and referred to…See More
Oct 11
 
 
 

Members

© 2017   Created by Brett Goldsmith.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************