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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
Started by Jeffrey W Wolff Feb 21, 2019. 0 Replies 0 Likes
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
Started by Evelyn Blanks Apr 6, 2017. 0 Replies 0 Likes
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
Started by Nadia Scheffers. Last reply by Nadia Scheffers Apr 4, 2016. 2 Replies 0 Likes
Can anyone tell me if Seterus use Equator?Thank youContinue
Started by Vanessa Machado Apr 16, 2015. 0 Replies 0 Likes
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
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If the investor is Fannie or Freddie you may be able to have the borrower make a one time postponement direct to Fannie or Freddie. I have been successful both times in order to allow the short sale to close successfully both times. I have not attempted this with the servicer, although I have heard of another agent's seller do it with a positive outcome.
Help Please!! Anybody have any higher level contacts at Seterus to get the foreclosure sale date postponed? According to them there is nothing we can do unless the buyer accepts $40,000 more from what they offered, otherwise they will foreclose tomorrow, March 6 but I thought I should keep trying. The offer we have is very good but they are not willing to stop the foreclosure to consider it. Any help or suggestions are greatly appreciated!
I have a short sale with them where their BPO supports our offer, but, the investor wants 30k more than the BPO came in at. I knew something fishy was going on when the last 3 BPO's all came in the "same." Well, they weren't ... the investor is jacking us around. My contact says to submit comps and I said why should I because your own BPO validates the offer for me... I think someone (legally) should take a look at this company. Their ethics are questionable...
Anybody have any higher level contacts at Seterus to escalate a BPO dispute too. I've tried submitting comparable sales to the negotiator assigned to the file and gotten no where. The BPO is over the current market value by $40,000 on a $160,000 home. Any help or suggestions are greatly appreciated!
Happy New Year All!
Sale date for Seterus for tomorrow Jan 13, 2012. Working with Barb Korb and told me that she cannot request for postponement bec I have no short sale approval. But how can I get a short sale approval or review if Seterus has been waiting for Fannie Mae Investor to get back to them to get net proceeds? She said she put a rush. I have no one to escalate, do you?
Thanks much Kevin.
Kenji,
It's posted two posts below.
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