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Green Tree Servicing

All about Green Tree short sales.

Members: 431
Latest Activity: 14 hours ago

Green Tree Short Sale Information

 

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Website: http://www.gtservicing.com/

New email format for GreenTree Servicing

FirstName.Initial.LastName@GreenTreeCreditSolutions.com



Short Sale Dept.  1-877-816-9125 option 2.

Recovery Dept.    800-643-0202

Authorization Fax is 866-870-9919

 

Short Sale Fax 1-877-612-2422 or 1-866-870-9919.

Alternate Fax 1-877-612-2422


Alternate Number 1-800-474-3918 - Short Sales

Greentree Short Sale Package.pdf 3-27-13

ESCALATION: CORPORATE COMPLIANCE DEPT.  The office number is 800-839-9188 and the fax number is 866-210-6192. 

Discussion Forum

Greentree Says FNMA Won't Pay Sellers Attorney Fee

Started by Tracy Gibson. Last reply by Kevin - Greenville, SC 14 hours ago. 11 Replies

Greentree says they have an approval for a 1st lien, investor FNMA.  They said FNMA will not pay the sellers closing costs other than RE Commission and 1 lien release fee.  They refuse to pay the…Continue

Can an agent represent a relative (brother) who is buying a short sale?

Started by Tracy Gibson 16 hours ago. 0 Replies

Can an agent represent a relative (brother) who is buying a short sale and get a commission?  This is a Fannie Me short with Greentree.   I read the Fannie Mae arms length and it is only referring to…Continue

HOW LONG IS IT TAKING TO GET APPROVAL THESE DAYS WITH GT

Started by Marilyn D'Angelo. Last reply by Veronica I. Dec 11. 3 Replies

Hello Everyone.  Its been about a year since I did my last GT short sale and about to take on another one so just wondering what their approval rate is with GT being first and 2nd?looking for a…Continue

Third Party Authorization form WITHOUT consenting to have credit pulled

Started by Evelyn Broxterman. Last reply by Donna Marie Cantrell Nov 9. 2 Replies

Anyone have such a form for Green Tree? Thanks!Continue

Comment Wall

Comment

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Comment by ElizabethWeintraub00697006LyonRE on June 10, 2014 at 12:14pm

And unladylike, don't forget that one, too. I love you, man.

Comment by Thom Colby CA Brkr 888-391-5245 on June 9, 2014 at 2:30pm

And, there you have it..........

Comment by ElizabethWeintraub00697006LyonRE on June 9, 2014 at 2:27pm

I do not pretend to be a professional. I am anti professional and have been so for 40 years. It's why I excel at short sales. 

Comment by Thom Colby CA Brkr 888-391-5245 on June 9, 2014 at 12:44pm

Elizabeth - 

I don't get your "joke" nor do I understand why I have become your target.  Whatever it is, it's unprofessional and you've been around long enough to know better.

Comment by ElizabethWeintraub00697006LyonRE on June 8, 2014 at 8:34pm

Ha, ha, ha, ha, ha. Yes, Dale, he did. 

Comment by Dale Bradbury on June 7, 2014 at 2:53pm

Thom, I think she was just kidding.   You did take the bait though...     :-)

Comment by Thom Colby CA Brkr 888-391-5245 on June 7, 2014 at 1:59pm

E - not sure what you are asking.... It's easy to remove a comment, just click the "X" in the upper right corner.....

Comment by ElizabethWeintraub00697006LyonRE on June 7, 2014 at 1:44pm

I am just posting a comment to myself to see if Thom has figured out how to remove himself from comments yet.

Comment by Thom Colby CA Brkr 888-391-5245 on June 7, 2014 at 11:51am
Comment by Nancy Campbell on May 2, 2014 at 2:10pm

I just had an approval completed from Green Tree Servicing, this was for a second lien on the home, first lien was also a short sale ... my experience was pleasant.  Some pointers:

  1. DO NOT WAIT until you have approval from 1st lien holder.
  2. Call immediately to receive by FAX the updated version of their short sale packet, they change a form now and again and they will not take any old forms.
  3. Communication within the organization is crucial, and always be pleasant. I spoke to my negotiator at least twice a week. She knew who I was as soon as I called, stick with only one person being the point of contact from your own office.
  4. The customer service numbers above are incorrect ... call 877-567-3434 and fax 866-238-4892 and email shortsalearm@gt-cs.com
  5. The packet must include all information that is on their cover sheet. If the seller does not have a checking/savings account or a job ... this must be in writing and in separate letters and placed in order of the cover sheet list.
  6. Include the approval letter from first lien holder immediately after receiving it from them.
  7. Your first lien holder will try to get the second lien holder to only take 10% of the loan amount.  BE SURE TO KNOW BALANCE OWED from second lien holder to get the correct amount. Green Tree would like to start with 30%. Don't be afraid to counter an amount of $15,375 it, we countered 10% $5300 and I got it down to $7947 from a balance of $53,000. 

I sent the file in for approval on the 24th and received an answer by today, since I had to escalate the file. My mistake, I listened to the first lien holder, who told me to wait til they got the approval done to send into the second lien holder.  First lien holder did become flexible to agree to the changes and the close of escrow date was extended another five days to meet everyone's needs including the buyers time to close.

Good luck!

 

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