Does anyone have any contacts there? The loss mit/short sale department doesn't take calls. its been 3 weeks of us calling every day and not even able to escalate. They just keep saying they will "get back with us" HELP!!!!See More
"I'm beside myself with this. I already filed a claim and I'm going to try to get higher offer. I know I'm wasting my time, but I've never experienced this before and I've been doing this since 2008! :("
"I was recently working on a short sale when, as soon as I sent in an offer, the file was transferred to Fay Servicing, and the note was sold to an investor. That investor was one of the ones who refuse to do a short sale. Also, they are not a…"
"Wendy, WOW! Fay ripped the door and put a padlock? How can they do that? don't they have to FC first to get title? In the bankruptcy case, my sellers agreed to turn over possession by March 1st or risk sanctions by bk court. This is so crazy!"
"Annie my listing just came on market. The Fay person told my seller not even to bother with a short sale. Then they ripped down the door and put a padlock on, 3k worth of damage. I haven't even bothered to let them know it's…"
"Defieciency's depend on state law and if deficiency judgments are allowed then it comes down to investor or insurers guidelines. Without knowing what state the home is in, who the investor or insurer is, and borrower financials, it's hard…"
"Jeffrey, I completely agree with you on this. This seems to be the case with my file. The negotiator told me that the investor is a pain to work with and basically told him that he thinks he can get more money as an REO. I don't know what else…"
Seller has not lived in home in 6 years and renting to relative. Seller lives in an apartment in another city. Will Wells Fargo still come after her for the deficit since she no longer lives there? How this will be treated for tax purposes?See More
"One thing I have noticed is many of the short sale files with FAY are investors who think they know more than everyone and would rather take them to auction. Variables are how long the file has been delinquent and of course who the investor…"
"Wendy, how's it going with your short sale with Fay? I have one and the negotiator just told me that the investor is not interested in a short sale or deed in lieu. They want this property as an REO!! :("
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