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Latest Activity

Kimber Regan joined Sara Mehrpouyan Los Angeles CDPE's group
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PennyMac Loan Servicing

This group is for information, tips and solutions for PennyMac Short Sales.See More
19 hours ago
Kimber Regan joined Bryant Tutas's group
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Freedom Mortgage

This group is for information, tips and solutions for Freedom Mortgage short sales.Main number 800.274.6600See More
19 hours ago
Smitty replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"FHA sales take longer, but I don't know SPS to service FHA sales."
Wednesday
Smitty replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"Well, what we did was  pull all sales in the county from list until CLOSING which wasn't easy info to find, because on our MLS it only lists from list until UA.  So we found that traditional sales took an average of 100 days from LIST…"
Wednesday
Tiffany Alleshouse joined Robert Martin's group
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Fay Servicing

Customer Service 800-495-7166Short Sale Fax No. 312-509-4794Fay Servicing RMA and 3rd Party ApplicationSee More
Wednesday
GLORIA WRIGHT is now a member of Short Sale Superstars
Wednesday
Smitty replied to Tony Morales's discussion Short Sale Negotiator Fraud
"Not necessarily true.  Freddie and Fannie did not allow third party negotiation fees until recently.  I believe this year.  Somewhere around 2013 - 2015 they prohibited 3rd party negotiation fees out of proceeds.  I believe it…"
Tuesday
Tony Morales replied to Tony Morales's discussion Short Sale Negotiator Fraud
"Had they disclosed that they were asking for a credit and that credit was going for short sale negotiations then the bank would decline. Paying out of commissions has always been acceptable as it is not an additional loss "
Tuesday
Brett Goldsmith replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"Interesting. What if they could argue that "we did have enough time" What do you feel the results would of been then? I had two approved short sales die because of this guideline when the buyers fell through."
Tuesday
Smitty replied to Adriana Garcia's discussion SHORT SALE EXTENSION REQUEST DENIED **** HELP***
"JUST FYI we had this happen on our files.  Complained to cfpb and SHOWED them that it was impossible to list, get under contract and sell a short sale in the time SPS allotted. Also sent to AG's office.  Now all four files are being…"
Tuesday
Smitty replied to Tony Morales's discussion Short Sale Negotiator Fraud
"The FRAUD occurred because he didn't disclose what he was doing.  Fannie mae actually states that a third party negotiator can be paid out of commissions.  This guy was also transfixing HUDS etc.  SO there is more to the…"
Tuesday
Pattilynn Guilford liked Bryant Tutas's group Midland Mortgage
Dec 5
 
 
 

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