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 shortsalesuperstars@gmail.com

    Bryant

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