I have a 1st with Nationstar (Fannie) and a 2nd with a Schools (local credit union). They are both requesting the approval letter from the other before they submit the package. I contacted Fannie who directed me back to Nationstar. Nationastar will not sign a HUD, the negotiator did me a verbal amount on the contribution they can give the2nd. And the 2nd will not take a verbal. Any suggestions?

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Replies

  • Same thing here with BOA and Chase.

  • Why is the 2nd telling you that they need the approval 1st?

  • Stephanie,

           By speaking to Fannie, does that mean you opened a case with Homepath? Also, have you escalated to any higher up level contacts at Nationstar? Can you get something in writing from nationstar? I see a few ways how this could potentially be solved with what Kevin said being one of them. It's rare that I see this issue being unresolvable.

    If you have any questions feel free to reach out to me as my door is always open.

    Brett@ishortsalenow.com

    www.ishortsalenow.com

    310-564-6389

    • Thank you so much. I have escalated this with nationstar. And I they are not willing to put anything in writing. I have not opened a case.... Though I will. Thanks again. 

  • Try to get both parties speaking with each other.

    • Thanks so much I will try that.

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