HAFA (LRC) Submitted SS to BOA SSOT for Approval???
Does anyone know who the BOA SSOT and how to contact that group? HAFA has had our SS file since June 7th for $100,000. They countered at $112,000; then said they submitted the file to BOA SSOT for over-ride approval. The Asset Manager just emailed that SSOT has said $112,000. We lost our buyer to a unit in the same complex that received BOA approval earlier for $103,000 with $3,000 in seller concessions and closed 11/30. Our asset manager can see the SOLD unit in Equator. We sent an Active REO listing in the complex that is 497 sq. ft larger and priced at $110,500 with 3.5% in seller concessions. We have sent the MLS comps to them already.
This makes no sense! Now they have backed us up against a foreclosure sale on Dec 17th. Any advice on where to turn would be appreciated!
Replies to This Discussion
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Permalink Reply by Wendy Smith on
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what is a SSOT?
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Permalink Reply by Pamela Walsh on
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Hi Wendy,
That is exactly what we are trying to figure out! Does anyone have a escalation person at Loan Resolution Corp servicing BOA HAFA loans? -
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I just closed a HAFA via LRC last week - a flippin nightmare! I won't go into the gory details but what I did to unclog the LRC drain was to email Brian Moynihan at BAC. He had someone from the "executive team" get in touch and it was a litttle slow at first but Danielle finally got thru to LRC. I tried emailed the top guys at LRC and couldn't get any response from them. Probably too busy spending those big fat paychecks.
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Permalink Reply by Kimberley Kelly on
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What's Bryan Moynihan's contact info?
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