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Forum

FHA Guidelines - Non Owner Occupied

Started by Jill Schappel in Short Sale Discussions. Last reply by Brett Goldsmith on Monday. 1 Reply

Can Citi help us?

Started by Melissa Kim in Short Sale Discussions. Last reply by Kevin - Greenville, SC Aug 14. 4 Replies

Offer rejected as too high?

Started by Molly Mallinson in Short Sale Discussions. Last reply by Brian Avery Aug 11. 5 Replies

Shortsale sitting 2+years

Started by Tonia Girodo in Short Sale Discussions. Last reply by Tonia Girodo Aug 11. 2 Replies

Citimortgage Confusion

Started by Richard Worcester in Short Sale Discussions Aug 7. 0 Replies

2nd party seller

Started by Lorraine Novelli in Short Sale Discussions. Last reply by Wayne Brooks Aug 6. 10 Replies

BNY Mellon Bank

Started by Jill Schappel in Short Sale Discussions. Last reply by Jill Schappel Aug 7. 6 Replies

Deal involving Ocwen

Started by Gloria Rivera in Short Sale Discussions. Last reply by Brett Goldsmith Aug 4. 2 Replies

 

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Latest Activity

Brian Avery replied to Sharon Canada's discussion Citi Issues Approval Letter and Terms, then Service Transfer to Caliber Home Loans 3 days later!
"All these loan are sold in "Pools"  so it is not uncommon that is was sold after the approval. Caliber is fairly easy to work with and they will probably uphold the approval.  You should be able to get a new approval from Caliber…"
2 hours ago
Profile IconLaurel Finch, Newyorker, Yas'min Rogers and 1 more joined Short Sale Superstars
2 hours ago
Brett Goldsmith replied to Sharon Canada's discussion Citi Issues Approval Letter and Terms, then Service Transfer to Caliber Home Loans 3 days later!
"You've got this! Hopefully Caliber will just uphold the approval for your transaction. If you are ever too busy or if you are interested in having a short sale processing team in your corner, don't hesitate to reach out to me."
3 hours ago
Sharon Canada replied to Sharon Canada's discussion Citi Issues Approval Letter and Terms, then Service Transfer to Caliber Home Loans 3 days later!
"Brett, Thank you for your time and advice.  I guess the good news for now is that the Second Lien approval has no end date, and I have not lost a short sale yet.  Already have an appraisal amount (not a BPO) so I have a lot to work with.…"
3 hours ago
Brett Goldsmith replied to Sharon Canada's discussion Citi Issues Approval Letter and Terms, then Service Transfer to Caliber Home Loans 3 days later!
"I'd still be escalating, but since it was set to be released today, it may be too late for them to request to retain the servicing rights. It's still worth a shot though. Typically the good through date on the approval letter is set to…"
3 hours ago
Sharon Canada replied to Sharon Canada's discussion Citi Issues Approval Letter and Terms, then Service Transfer to Caliber Home Loans 3 days later!
"Approval issued Aug. 20.  Close by date of Sept. 25.  EVERYONE including us knew of the impending Service transfer date of Aug. 22. Although homeowner did not receive such written notice until a letter dated Aug. 07.  No 30 day notice…"
4 hours ago
Brett Goldsmith replied to Sharon Canada's discussion Citi Issues Approval Letter and Terms, then Service Transfer to Caliber Home Loans 3 days later!
"When was the letter from Citi good through? Ask them to retain the servicing rights. Reach out to their escalation office. Res.net is an online platform which has tasks similar to equator, but just the layout and tasks are different."
4 hours ago
Sharon Canada replied to Sharon Canada's discussion Citi Issues Approval Letter and Terms, then Service Transfer to Caliber Home Loans 3 days later!
"They did issue the Approval letter with terms dates, arms length, closing worksheets, etc... If the Investor approved, why transfer?  Why not close?  Why torture my poor homeowner and the buyer as well. (not to mention me and title…"
4 hours ago
Brett Goldsmith replied to Sharon Canada's discussion Citi Issues Approval Letter and Terms, then Service Transfer to Caliber Home Loans 3 days later!
"Due to the time frames it's likely they will try not issue the approval letter, but i'd be escalating to get a copy of that at all costs. If you get a copy of the approval letter you may be able to have Caliber uphold the terms, but it is…"
4 hours ago
Sharon Canada posted a discussion

Citi Issues Approval Letter and Terms, then Service Transfer to Caliber Home Loans 3 days later!

Hi All!It's still strange in the Short Sale world for sure!  Have Citi Loan in first, and a FHFC Loan in second.Started SS in mid July.  Foreclosure judgement already granted to Citi back in March.  Able to delay foreclosure auction sale until…See More
5 hours ago
BJ Webb commented on Wendy Rulnick's group Wells Fargo Short Sales
"Opend HUD case and FHA advised me of the following: "....Mortgagees may exercise their discretion to accept applications from mortgagors who are current but facing imminent default..." This is such a case so I quoted  the…"
8 hours ago
Brett Goldsmith commented on Bryant Tutas's group Real Time Resolutions
"RTR is notorious for wanting 25%-30% of their UPB and they play hardball to get it. Many times when RTR is the 2nd you will run into a large gap between what the 1st will allow and what the 2nd is requesting. Depending on who the investor is with…"
8 hours ago
Profile IconBrett Goldsmith and Jose Casillas joined Bryant Tutas's group
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Real Time Resolutions

Real Time Resolutions Short Sale InfoSee More
8 hours ago
Jose Casillas liked AnaLee Schnell's discussion HORRIBLE
8 hours ago
Becky Alfaro commented on Wendy Rulnick's group Wells Fargo Short Sales
"Most current Short Sale Affidavit form needed for short sale processing. Version 2.0 GSE_2.0.pdf"
9 hours ago
Profile IconBecky Alfaro and Mark D Balaban joined Wendy Rulnick's group
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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
9 hours ago
 
 
 

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