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Help Me!

Post your Short Sale Problem. One of our Short Sale Superstars may have a solution!

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Midland Mortgage

Started by Terry Reager. Last reply by Terry Reager May 23. 2 Replies

EX husband refusing to sign off to allow a short sale

Started by Eric S. Garrison Waterboro, ME. Last reply by LARRY OLIVER May 20. 2 Replies

Argent Mortgage Co.

Started by Steve Neves May 14. 0 Replies

Bank of America (HAFA Program)

Started by Virginia johns. Last reply by Satar Naghshineh Apr 22. 3 Replies

Buyer Couldn't Get Financing

Started by Gwendolyn Harvey Apr 22. 0 Replies

Renting while waiting for SS approval

Started by Warren Bonett. Last reply by Smitty Apr 9. 2 Replies

House Needs a New Roof

Started by Teresa Turner. Last reply by Tammy Davis Apr 1. 7 Replies

Negotiating Short Sale with GREEN TREE

Started by Mayra Espinosa CDPE, HAFA, SFR. Last reply by Cynthia Leggitt Mar 24. 28 Replies

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Comment by Karen Roberts on May 25, 2012 at 12:51am

We have a Nationstar 1st and lender is trying to reduce our comm.  First they said it was bank policy and we sent them a HUD showing 6% comm.  Now they are saying it is investor requirement.  is Bank of NY Mellon.  Does anyone have a Lender approval letter, HUD closing statement showing Bank of NY Mellon as the investor paying 6% comm. Anyone willing to share their information with me?

 

Thank you so much. 

Comment by Mike Sher on April 26, 2012 at 10:12am

Most MLS boards have a FNMA help desk.  I would try that.  Check out the link below.  Also, call the law firm that is doing the foreclosure.  See if they can get a message to their investor/servicer client.  

https://www.efanniemae.com/is/reprofessionals/pdf/ssadfaqs.pdf

Comment by Peggy Noel Bouchard on April 25, 2012 at 3:49pm

HELP - Have an approved short sale - lender had an underwriting issue and needs to close on Friday - Wells/FNMA is going to fv Thursday - anybody have a contact at FNMA or a suggestion?

 

Comment by Maria Evans on April 20, 2012 at 4:06am

I do all the work and the attorneys I work with always get paid $1500 and sometimes $2000. Although I should say that I am in Fairfield CT, which means attorneys will do the closing, not a Title Company. If you have settlement to the Title Company in the HUD, then it may be different. We use "settlement" for our attorney's fees.  I hope someone dealing with Title Companies will be able to help you better...

Comment by Tara Semtner on April 19, 2012 at 9:12pm

I think I have been wearing out my recommended attorney for short sale closings for the seller- as he is raising his fee.  He currently gets paid $500 by the lenders.  I thought I saw this before as a typical cap, but he has gotten them to pay more. Has anyone gotten higher with any lender?  Thanks!

Comment by Kathy Manoogian on April 18, 2012 at 2:31pm

I do not have the number.  do you?

Comment by Teresa Turner on April 18, 2012 at 2:30pm

Don't have a Fannie Mae contact there. Did you try the President's Office at SunTrust or the Fannie Mae Office?

 

Comment by Kathy Manoogian on April 18, 2012 at 2:26pm

It is a Fannie loan

Comment by Teresa Turner on April 18, 2012 at 2:23pm

Oh Kathy...I know the frustration of dealing with a SunTrust short sale. They are one of the most unresponsive lenders to work with. Do you know what kind of loan it is? I may have a number or two you can try.

Comment by Kathy Manoogian on April 18, 2012 at 2:17pm

PLEASE HELP ME!!!

I have been calling Suntrust daily and I can't get anyone to answer the phone.  I have left numerous messages, and not one call back.  Does anyone have a contact at Suntrust that they would be so kind as to share?

 

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