I have a beautiful approval from Provident Funding from October, requiring NO note and NO deficiency. Approval expired in November and we're still awaiting answer from 2nd. Since then, my seller has experienced a documented cut in pay AND is retiring on 3-10-11.
Sent in to Provident for an updated approval, and now, they are saying FHLMC wants a $40k promissory note ! The only change since my approval expired is that there is LESS income than before - - but they want MORE $$ ?? Makes no sense.
AND, Provident says they are setting a foreclosure sale date on Monday 2-14-11. HOW to fight this? And with WHOM? Help.
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Hi Joanna. Maybe you'll find what you are looking for in the Providence Funding group here: http://shortsalesuperstars.com/group/providentfunding If you come across any additional useful contacts please email the group leader so they can add the info. Thanks
You can also email me at [email protected]
Bryant
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