Information

Seterus (LBPS)

IBM put 1.3 Billion into this arm of the business... let's see how productive that was?

Members: 314
Latest Activity: Feb 21, 2019

Contact Info For Seterus Short Sales

 

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Seterus went out of business and primarily sold their loan portfolio to Mr. Cooper. Check out the Mr. Cooper group for their contact information. http://shortsalesuperstars.com/group/mrcooper

Discussion Forum

Seterus Bought by Mr. Cooper

Started by Jeffrey W Wolff Feb 21, 2019. 0 Replies

FYI all:I learned today that Seterus is being bought by Mr. Cooper.  Seterus was always easy to work with and Mr. Cooper being one of the worst.  The negotiatiors are moving to Mr. Cooper which is a…Continue

Seterus Uniform Borrower Assistance Form/Third Party

Started by Evelyn Blanks Apr 6, 2017. 0 Replies

Hi does anyone have the most recent Uniform Borrowwer Assistance Form and Third Party Authorization for Seterus.    I spoke to them yesterday and they directed to me to their website - but for some…Continue

Seterus short sale

Started by Nadia Scheffers. Last reply by Nadia Scheffers Apr 4, 2016. 2 Replies

Can anyone tell me if Seterus use Equator?Thank youContinue

ESCALATION CONTACT AT SETERUS ANYONE?

Started by Vanessa Machado Apr 16, 2015. 0 Replies

SHORT SALE SUBMITTED ON 3/5/2015 VIA FAX TO SETERUS AND INITIATED THE SAME DAY THROUGH HOMEPATH.COMUNFORTUNATELY, FILE IS STILL NOT ASSIGNED TO A NEGOTIATOR AFTER ALMOST 45 DAYS. FANNIE MAE IS MADE…Continue

Comment Wall

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Comment by Mandy Herring on June 18, 2010 at 9:28am
Okay here is a lesson learned. IBM does not accept E-signatures....
thus REDO.
Comment by Mandy Herring on June 14, 2010 at 8:39am
IBM Authorization # 877-649-0743 FOLLOW UP WITH 72 HOURS
Short sale Package to same #
Comment by Kynse L. Agles CDPE on June 14, 2010 at 3:28am
email: [email protected]
the best telephone # I have for loss and mitigation is 866-570-5277 press 0 to get a human on the phone!
Comment by Paola Martinsen on June 13, 2010 at 11:24am
Does anyone know the email structure for this bank and corporate headquarters phone number? And any other helpful numbers?
Comment by Kynse L. Agles CDPE on June 1, 2010 at 8:24am
I have dealt with Jay Couder on several occasions when he was with Wilshire. He is excellent. I just started an LBPS short sale and look forward to working with him again. Does anyone have an email address for Jay? Or Jay if you read this post please email me at [email protected] .
Comment by Bill Black on May 6, 2010 at 12:22pm
Great news Jed. My operations manager worked for Wilshire and she is amazing. I am looking to hire another negotiator if anyone knows of someone looking for work in our law office in Vancouver, Wa.
Comment by Jed Shuler on May 6, 2010 at 7:45am
I forgot to mention, that Mr Couder said their staff are experienced and operated as Wilshire Credit Corporation until recently they were acquired by IBM-LBPS. For an article I found go HERE.
Comment by Jed Shuler on May 6, 2010 at 7:41am
Whoa! I had an interesting call this morning. One of the managers at LBPS's Short Sale department called me this morning to assure me they have an experienced and well staffed department. His name is Jay Couder. He gave me his direct number (but asked me not to post it here) and explained their processing times. Sounds infinitely more hopeful than MetLifes dreaded Loss/Mitigation department. He said he will have all of our documentation and by next Tuesday or Wednesday and he said to expect less than a month to get the BPO completed and approvals ready for a close. So if you are having problems, it seems to post your frustrations here and Mr Couder will respond to you in person within a couple of days. :) He told me I can post the correct fax number to their Imaging Department. It is: 877-649-0743. I hope the picture Mr. Couder painted me will be accurate. Good Luck!!
Comment by William C. Black on May 3, 2010 at 4:02pm
Thanks for taking the time to share Jed- kind of scarey they don't even have a department yet!
Comment by Jed Shuler on May 3, 2010 at 12:45pm
I've been given another Fax# for LBPS. The lady I spoke with said it is their Document Imaging dept. She said fax with attn to "CRT". The number is: 888-917-0529. She said that they don't even have a Loss/Mitigation department organized yet. She also said they would have all the documentation from when my clients loan was at MetLife after the 14th of May. Frustrating. Thats my experience thus far.
 

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